“Someone told me they had a feeling that the CPI is not correct. I asked them on what grounds. Scientifically, that cannot be proven,” said economist Vo Tri Thanh. Vietnam’s reported consumer price index (CPI) is controversially low in the context of 40-year high inflation rates around the world. Can you comment about this? Inflation […]
Read MoreMANILA, Philippines — More Filipinos ended poor in 2021 compared to three years ago after the pandemic wiped out gains in poverty reduction that took years to achieve. A survey of 165,029 families nationwide showed there were 19.99 million Filipinos living below the poverty line last year, up from 17.67 million recorded in the comparable period […]
Read MoreSEOUL (BLOOMBERG) – Thailand’s baht has rebounded so rapidly in the past few weeks on optimism about the country’s tourism-led growth that it has already hit year-end analyst targets. The currency has jumped 2.3 per cent to about 35.45 per US dollar this month, leading gains in Asia by a wide margin. In addition to rising forecasts for tourists […]
Read MoreStrong fiscal stimulus and high vaccination rates have helped quickened Cambodia’s economic recovery in the post-COVID-19 pandemic era, an ASEAN+3 Macroeconomic Research Office (AMRO) report said on Thursday. In its Cambodia Economic Outlook 2022, the AMRO said the Cambodian economy has been resilient, adding that the lifting of COVID-19 restrictions boosted domestic activity while strong […]
Read MoreMalaysia’s economy expanded by 8.9 per cent year-on-year in the second quarter of this year, mainly supported by domestic demand, improving labour market and resilient exports, said Bank Negara governor Nor Shamsiah Mohd Yunus. The announcement by the central bank on Friday (Aug 12) also exceeded the majority of forecasts by various analysts, which ranged […]
Read MoreGIVEN Indonesia’s position as a major commodities exporter, growth momentum for the country is likely to slow in the second half of the year as key commodity export prices undergo a correction. Holding all things constant, senior economist at RHB Bank Barnabas Gan hypothesised in a report on Friday (Aug 12) that a uniform decline […]
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