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Malaysia: Inflation under control

PETALING JAYA: Malaysia’s rising inflation, which surged to its highest in more than a year in July, is unlikely to hinder the country’s third quarter (3Q) gross domestic product (GDP) performance for 2022. Malaysia University of Science and Technology professor Geoffrey Williams said he expects subsidies and price controls to continue for the rest of […]

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Thailand: Cross-border trade poised to hit B1.80tn

Despite slower economic growth in neighbouring countries and zero-Covid measures in China, Thailand’s cross-border trade is still expected to grow by at least 5% this year to 1.80 trillion baht, driven by greater demand for gasoline, edible oil, tyres and auto parts. Pitak Udomwichaiwat, director-general of the Foreign Trade Department, said the department remains bullish on […]

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