SINGAPOREANS’ expectations for headline inflation have risen to 9-year highs, according to the latest quarterly survey results of the Singapore Index of Inflation Expectations (SInDEx). The 1-year-ahead headline inflation expectation rose to 4.1 per cent in March 2022, from 3.2 per cent in December 2021. Inflation expectations were last recorded above 4 per cent in […]
Read MoreIndonesia’s exports and imports hit record highs in March amid commodity price rises due to the impacts of the Ukraine war, helping the resource-rich country book a larger-than-expected trade surplus, statistics bureau data showed on Monday (Apr 18). March exports from Indonesia were worth US$26.5 billion, up 44.36 per cent on a yearly basis and […]
Read More[KUALA LUMPUR] Malaysia’s exports in March rose 25.4 per cent from a year earlier, above forecast, government data showed on Monday. March’s exports were expected to rise 12.5 per cent, according to 16 economists surveyed in a Reuters poll. Imports in March grew 29.9 per cent from a year earlier, the data showed. Analysts were […]
Read MoreMANILA, Philippines — The research unit of Australia and New Zealand Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver five rate hikes instead of only two this year, as upside risks to inflation forecasts have become more prominent with higher oil prices. ANZ Research chief economist for Southeast Asia Sanjay Mathur and economist […]
Read MoreCambodia has officially delayed its planned implementation of capital gains tax to January 1, 2024, through Notification 4577 issued by the General Department of Taxation (GDT). The decision is in support of the government’s new vision to foster post-pandemic economic growth through the ‘Strategic Framework and Programs for Economic Recovery in the Context of Living […]
Read MoreThe baht opened at 33.62 to the US dollar on Monday, strengthening from the 33.64 closing on April 12. The currency is expected to move between 33.55 and 33.75 during the day and between 33.30 and 33.80 during the week, Krungthai market strategist Poon Panichpibool said. He believes the baht may swing sideways unless a […]
Read More
Thailand
