From January to May this year, the total value of trade between Laos and Indonesia reached US$22.7 million, with this figure expected to swell significantly by the end of this year. The two countries have seen a 282 percent increase in trade growth from US$16.1 million in 2017 to US$45.5 million in 2021. Indonesian Ambassador […]
Read MorePETALING JAYA: Despite heightened downside risks, economists generally expect domestic manufacturing activity to remain on a steady expansion curve this year. According to Kenanga Research, the local manufacturing sector should stay on a recovery path, driven by positive external trade performance and a gradual pick-up in domestic economic activities. “However, we still expect manufacturing growth […]
Read MoreThe nation has seen food prices remain stubbornly high despite the recent sharp decline in gasoline prices. Petrol prices were adjusted down as of 3 p.m. on August 1 by the Ministry of Industry and Trade and the Ministry Finance, marking the fourth drop in a row and the third significant price decrease. RON 95 […]
Read MoreThe currency of Southeast Asia’s second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior. The Bangkok Post takes a deep dive into what caused the rebound and the implications for the economy. Q: What forces are driving the rebound? Since the beginning of this year, the baht has […]
Read MoreImports are allowed if there are no domestic (supplies), such as wheat, that we do not plant. However, as long as it can be substituted by cassava, sorghum flour, and sago flour, we (should) substitute Jakarta (ANTARA) – The Agriculture Ministry has requested the Coordinating Ministry for Economic Affairs and the Trade Ministry to optimize […]
Read MoreMANILA, Philippines — The Philippines faces three pressing economic storm clouds, namely rising debt across countries, surging global inflation and policy normalization in advanced economies, according to former Bangko Sentral ng Pilipinas (BSP) governor Amando Tetangco Jr. During the CEO Forum hosted by the Bankers Association of the Philippines (BAP), Tetangco said the dangerous trend […]
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Thailand
