Thailand’s industrial sentiment picked up for the first time in three months in June thanks to an easing of Covid-19 restrictions and improved economic activity, an industries group said on Wednesday. The Federation of Thai Industries (FTI) said its industries sentiment index rose to 86.3 points in June from 84.3 in May. However, negative factors […]
Read MoreJAKARTA : Foreign direct investment (FDI) into Indonesia rose 39.7 per cent annually in the April-June period in rupiah terms to 163.2 trillion rupiah ($10.89 billion), Investment Minister Bahlil Lahadalia said on Wednesday. The FDI, which excludes investment in banking and the oil and gas sectors, grew 31.8 per cent in the January-March period. ($1 […]
Read MoreKUALA LUMPUR: Malaysia’s total trade in June hit a new record high of RM270.4bil, up 43.4% on the previous year, as both export and import numbers continued to trend higher. However, as imports grew faster than imports, the country’s trade surplus shrank 0.8% year-on-year (y-o-y) to RM21.9bil. On a month-on-month basis, trade surplus in June […]
Read MoreThe price increases of crude oil and input materials of many industries have led to increases in finished products, putting a burden on businesses and people. On July 12, at a session of the National Financial and Monetary Policy Advisory Board, Deputy Prime Minister Le Minh Khai assigned the Ministry of Finance to join forces […]
Read MoreTHAILAND’S economy has clearly recovered and the central bank will ensure the recovery is not interrupted by efforts to tackle higher inflation, the central bank chief said on Wednesday (Jul 20), amid expectations of an interest rate hike. Economic recovery is expected to continue while the financial system remains strong and functioning normally, Bank of […]
Read MoreMANILA, Philippines — The Philippines is one of the countries in Asia-Pacific highly vulnerable to volatile food and energy prices as the Russia-Ukraine war continues to disrupt the supply and raise the cost of agricultural products as well as fertilizers and other inputs, according to Moody’s Investors Service. In a report, the debt watcher said […]
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