PETALING JAYA: Malaysia’s consumer price index (CPI) increased 2.2% to 125.2 in February 2022 from 122.5 in the same month of the preceding year, according to the Statistics Department. The increase surpassed the country’s average inflation of 1.9% for the past 10 years. “The incline in headline inflation was mainly driven by the year-on-year increase […]
Read MoreVietnam’s ride-hailing industry revenues could reach 4 billion USD by 2025, while the industry has witnessed high demand and newcomers. The issues were discussed at a recent seminar, “Competitive solution for the ride-hailing market in the new normal period,“ organised by the Vietnam Competition and Consumer Authority and the project for policy improvement and capacity […]
Read MoreDe-dollarisation is not a bad thing as it is a re-balancing of the fiscal and monetary policy tools. It is certainly not a complete displacement and substitution of the US dollar in favour of the Khmer Riel in trade and investment, which some observers and analysts seem to mischievously suggest… In fact, promoting greater use […]
Read MoreMANILA, Philippines — The Philippines may import more corn to supplement some feed wheat demand, as prices of wheat have increased amid the Ukraine-Russia conflict, the United States Department of Agriculture (USDA) said. In a report by its Foreign Agricultural Service, the USDA said it sees the Philippines importing 750,000 metric tons (MT) of corn […]
Read MoreThe Federation of Thai Industries (FTI) says global disruption caused by the Russia-Ukraine conflict offers major opportunities for the Thai economy. The Ukraine-Russia war is hitting trade across the world including Thailand, driving up the price of fuel and other commodities. Thailand’s economic recovery is now slowing under pressure from inflation, as sanctions imposed on […]
Read MoreJAKARTA: Malaysia is on the right track to achieve its gross domestic product (GDP) growth projection of 5.5% to 6.5% for this year with the reopening of its international borders from April 1. The move will have a positive impact on the economy, especially the services sector, said Minister in the Prime Minister’s Department (Economy) […]
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