KEY Singapore exports rose for the 16th straight month in March, helped by a surge in gold, according to data from trade agency Enterprise Singapore (ESG) on Monday (Apr 18). Non-oil domestic exports (NODX) growth eased to 7.7 per cent year on year, from 9.4 per cent in the month before, but was still higher […]
Read MoreThe GDP growth in the first quarter of 2022 is estimated to increase by 5.03% year-on-year, higher than that of 2020 and 2021, marking a return to a 5% growth or more after many difficult years. Inflation also remains under control with the Consumer Price Index (CPI) increasing by 1.92% over the same period last […]
Read MoreMANILA, Philippines — The continued tension between Ukraine and Russia will likely put a dent on Philippine exports as well as in many other Asia-Pacific economies. In its weekly economic preview, New York-based market intelligence firm S&P Global said the region has so far been resilient to global economic shockwaves because of the war. This […]
Read MoreThe Bank of Thailand (BoT) on Monday pledged to maintain its accommodative monetary policy stance to support a nascent economic recovery, saying it can “look through” short-term volatility in inflation. “Inflation is accelerating as a result of supply-side factors,” the BoT said in a presentation at an analyst meeting. “In the current context, the monetary […]
Read MoreDEVELOPERS in Singapore sold 654 new private homes in March, climbing 20.7 per cent from 542 units in the previous month. Monday’s (Apr 18) data from the Urban Development Authority (URA) was marginally higher than consultants’ estimated 651 units, published by The Business Times on Apr 11 . Including executive condominiums (ECs), which are a public-private housing hybrid, […]
Read MoreMANILA, Philippines — All countries are urged to keep their trade open to support vulnerable economies, especially net-importing ones that are bearing the brunt of rising commodity prices due to the Russia-Ukraine war. In a joint statement, the World Bank Group, International Monetary Fund, United Nations World Food Program and the World Trade Organization called […]
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