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Bank Indonesia Predicts 4.5 to 5.3% Economic Growth in 2022

TEMPO.CO, Jakarta – Bank Indonesia (BI) projected the country’s economic growth to range between 4.5 and 5.3 percent in 2022. The central bank’s governor, Perry Warjiyo, said the forecast is in line with the ongoing domestic economic improvement, supported by increased mobility, sources of financing, and growing business activities. “With these developments, 2022’s economic growth is predicted to […]

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Thailand: Face mask mandate lifted

The government has lifted its face mask mandate and advised vulnerable and infected people to still use masks for the sake of personal and public health. The decision was made due to the improving Covid-19 situation and intended to let people resume virtually normal lifestyles, according to the government announcement published in the Royal Gazette on Friday. […]

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Ringgit opens higher ahead of Malaysia’s CPI data

KUALA LUMPUR, June 24 — The ringgit opened marginally higher against the US dollar today, ahead of Malaysia’s consumer price index (CPI) report for May 2022, scheduled to be released by the Department of Statistics (DoSM) today, said an analyst. At 9.00am, the local currency rose to 4.4020/4050 against the greenback from Wednesday’s close of […]

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Cambodia Looking Into Railway Connection with Laos

A Cambodian delegation has arrived in Laos to explore the possibility of connecting Cambodia and Laos via a railway line. Members of the Cambodia Logistics Association (CLA) are in Laos from 21-23 June to explore the idea of setting up a railway link connecting Cambodia with Laos to save transport time and costs. The Star reports that […]

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Philippines: Meat imports up 5% in 5 months

MANILA, Philippines — The Philippines registered a 4.8 percent increase in meat imports in the first five months of the year, mainly driven by pork, data from the Bureau of Animal Industry (BAI) showed. Latest figures from the BAI showed that the country imported 460.9 million kilos of meat and meat products from January to […]

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