THE inflation rate in Malaysia continued to soar due to surging food prices, with the consumer price index (CPI) rising 4.4 per cent year-on-year (y-o-y) in July, faster than the 3.4 per cent y-o-y increase in the previous month. The latest numbers, released by the Department of Statistics Malaysia on Monday (Aug 29), were largely […]
Read MoreVietnam has enjoyed a trade surplus of 3.96 billion USD in the first eight months of 2022, the General Statistics Office (GSO) announced on August 29. According to the office, the country’s import-export turnover is estimated to reach 64.34 billion USD in August, up 5.2% month-on-month and 17.3% year-on-year. The figure raised the country’s total […]
Read MoreCNA – Thailand and Vietnam have agreed to cooperate in raising the price of rice in the global market, a Thai agricultural official said yesterday, following months of talks aimed in part at improving rural incomes. “This is the first time Thailand and Vietnam have agreed to cooperate in lifting the price of rice in […]
Read MoreStrict Covid-19 controls by China have meant cargo trucks from Laos have been unable to deliver freight, leaving thousands of trucks stranded at the border gate in Boten. The problem has been ongoing since the pandemic began, despite round after round of negotiations between Lao and Chinese authorities. President Thongloun Sisoulith even flew to Luang Namtha in […]
Read MoreThe prudential monetary policies and Riel promotion have built price stability of Riel, which earned public trust over the circulation of the national currency, said a senior official at the National Bank of Cambodia. Chea Serey, Director General of Central Banking of the National Bank of Cambodia, made the remarks during an event on promoting […]
Read MorePETALING JAYA: Economists say Malaysia’s inflation will ease towards year-end in tandem with the deceleration of the global economy after prices rose the fastest in more than a year. Inflation in July jumped 4.4%, the highest since April 2021, said the Statistics Department. This was largely due to the low inflation base last year. Speaking […]
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Thailand
