KUALA LUMPUR, Feb 11 (Reuters) – Malaysia’s economy returned to growth in the fourth quarter of 2021, expanding 3.6% from a year earlier, the central bank said on Friday, as economic activity resumed following the easing of coronavirus curbs. Economists polled by Reuters had expected Southeast Asia’s third-largest economy to grow 3.3% in the October-December […]
Read MoreCambodia’s economy has seen marked growth in the last two decades with seven percent GDP growth, as various sectors such as housing construction, and the real estate sector continue to flourish. According to the 2022 forecast, the Cambodian economy will receive a five percent contribution from these sectors. The continuous growth in the construction sector […]
Read MoreMANILA, Philippines — The Philippines is expected to continue importing rice this year, with shipments expected to reach as much as 2.9 million metric tons (MT). In a report by its Foreign Agriculture Service, the United States Department of Agriculture (USDA) revised upward its rice import forecast for the Philippines to 2.9 million MT, higher […]
Read MoreAccording to several economic experts, this tax reduction is anticipated to help reduce service costs, thereby stimulating consumption, promoting production and business, whilst also creating additional jobs for workers. To control the CPI growth rate at approximately 4% in 2022 according to the target set by the National Assembly the price management should continue to […]
Read MoreKUALA LUMPUR : Malaysia’s current account surplus widened to 15.2 billion ringgit ($3.63 billion) in the fourth quarter, from 11.6 billion ringgit in the third quarter, the Department of Statistics said on Friday. Portfolio investment saw a net inflow of 2.8 billion ringgit, compared with an outflow of 4.3 billion ringgit in the previous quarter. […]
Read MoreThe collection of a tourism fee from foreign visitors will be delayed by at least two months from the scheduled date of April 1 as payment methods have not yet been concluded. Tourism operators had bemoaned the collection of the 300-baht fee as untimely, given the industry’s weak recovery from the pandemic. Tourism and Sports […]
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