MANILA, Philippines — Factory gate prices surged at the start of the year as increases were recorded in the majority of industry groups, the Philippine Statistics Authority (PSA) said. Latest data from PSA showed the Producer Price Index (PPI) for January accelerated by 4.1 percent, significantly faster than the 0.6 percent in December 2021. In […]
Read MoreThai economic growth is expected to dip to 2.5%, down from an earlier target of 3-4.5%, with the upper bound of inflation at 3% as a result of the dispute between Russia and Ukraine, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB). The government should consider seeking additional loans of at least […]
Read MoreAMINVESTMENT Bank (AmBank) on Thursday (Mar 3) maintained “overweight” on Malaysia’s oil and gas sector, as rising global demand and oil prices could catalyse faster order flows across the value chain. However, AmBank analyst Alex Goh expects selected segments in said value chain to be better positioned to benefit from higher oil prices and projects […]
Read MoreThe Tourism Authority of Thailand (TAT) aims to attract at least 1.5 million tourists from short-haul destinations to compensate for the Chinese market by teaming up with airlines to spur demand. The current situation in East Asia has made it impossible to generate demand, unlike more promising markets such as Southeast Asia, South Asia and […]
Read MoreMANILA, Philippines — Fresh from surpassing its collection target in 2021, the Bureau of Customs (BOC) sustained its revenue efforts as it raised more than 17 percent of its 2022 goal just two months into the year. The BOC collected P59.04 billion in February, beating its target for the second straight month this year. It […]
Read MoreSingapore aims to fill a shortage of overseas workers within the next few months as it progressively eases border restrictions, according to Finance Minister Lawrence Wong. Priority will be given to workers in the construction, marine and process sectors, Wong said Wednesday as he addressed issues raised from February’s budget, which was approved by parliament. […]
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