SINGAPORE’S electricity tariff is set to rise in the second quarter due to higher energy costs arising from surging global oil and gas prices, exacerbated by the conflict in Ukraine. For the period between Apr 1 and Jun 30, the tariff (before the goods and services tax or GST) will rise by an average of […]
Read MoreMANILA, Philippines — Factory gate prices picked up faster in February, as increments were recorded in majority of the industry groups, the Philippine Statistics Authority (PSA) said. Latest data from PSA showed the Producer Price Index (PPI) for February accelerated to 4.4 percent, faster than the four percent in January. In the same month last […]
Read MoreDollarisation often results from a deeper problem — macroeconomic instability. And once dollarisation takes root, it is often difficult to dislodge… To understand what form further de-dollarisation might take in Cambodia, it’s worth taking a look back at what that ‘deeper problem’ was in the Cambodian context For economists, government finance officials, and bankers, the […]
Read MoreSINGAPORE’S international visitor arrivals picked up in February from a month ago as the city-state resumed reopening its borders after a pause due to the Omicron Covid-19 wave. Around 67,760 visitors touched down in February, 18.5 per cent more than the 57,170 in the month prior, according to the latest Singapore Tourism Board (STB) figures. […]
Read MoreIn the year to March 20, Vietnam had attracted US$8.91 billion in foreign investment, down 12.1% year-on-year. However, the disbursed foreign investment had reached the highest level since 2018, according to the General Statistics Office. The foreign investment disbursement was put at US$4.42 billion in the first quarter of this year, rising 7.8% over the […]
Read MoreFuel consumption in Thailand is on the rise again after a decline last year caused by the pandemic. Demand for fuel increased by 13.9% to 153 million litres per day in the first two months of 2022, according to the Department of Energy Business. The uptick was attributed mainly to the easing of lockdown measures, […]
Read More
Thailand
