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Malaysia’s April exports rise 20.7%, above forecast

May 19 : Malaysia’s exports in April rose 20.7 per cent from a year earlier, above forecast,  government data showed on Thursday. April’s exports were expected to rise 19.7 per cent, according to 13 economists surveyed in a Reuters poll. Imports in April  grew 22 per cent from a year earlier, the data showed. Analysts were expecting […]

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Indonesia: Consumer Confidence improves in April – UOB

Economist at UOB Group Enrico Tanuwidjaja reviews the improvement in the consumer sentiment gauge in Indonesia. Key Takeaways “Indonesia’s Consumer Confidence Index increased slightly in Apr to 113.1, up by 2.1pt from March’s 111.0.” “The Current Economic Condition Index increased slightly to 98.9 in Apr from Mar’s 93.9.” “Consumer generally remains upbeat on the economy […]

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Thailand: Diesel cap per litre to stay at B32

The government will continue to cap the diesel price at 32 baht a litre thanks to the increased diesel excise tax cut of five baht a litre, says the board of the Oil Fuel Fund. Authorities will spend around two baht of the five-baht reduction supporting the subsidy programme, allowing them to maintain the retail […]

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Economists hike Philippine GDP growth forecast

MANILA, Philippines — Economists are now looking at a stronger economic growth for the Philippines after a faster-than-anticipated gross domestic product (GDP) growth in the first quarter. Standard Chartered Bank economist for Asia Jonathan Koh said the bank has upgraded the GDP growth forecast for the Philippines to eight percent from the original target of […]

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