Vietnam’s Consumer Price Index (CPI) in the third quarter of this year inched up 3.32% against the same period last year, according to data released by the General Statistics Office (GSO) on September 29. GSO attributed the CPI rise to the price hikes of some groups of products in this quarter. Among them, domestic fuel […]
Read MoreSINGAPORE hotels’ average room rate (ARR) dipped in August from July’s near-decade high to come in at S$248.34, though it was still significantly higher than year-ago levels, according to the latest data from the Singapore Tourism Board (STB). The month’s figure broke the ARR’s six-month growth streak, which peaked at a revised S$257.94 in July. […]
Read MoreKUALA LUMPUR: Effective Jan 1, 2023, about 99 per cent of Turkish exports to Malaysia will enjoy duty-free treatment, while almost 86 per cent of Malaysia’s exports to Turkiye will enjoy a similar advantage under the Malaysia-Turkey Free Trade Agreement (MTFTA). The decision was made during the inaugural Joint Economic and Trade Council (JETC) meeting […]
Read MoreMANILA, Philippines — An economist sees the peso slumping closer to 62 to $1 level by the end of the year amid the continued strengthening of the greenback as the hawkish US Federal Reserve delivers jumbo rate hikes to tame inflation. Jonathan Ravelas, managing director at eManagement for Business and Marketing Services, said in an […]
Read MoreThe Bank of Thailand is prepared to keep raising its policy rate if core inflation rises faster than predicted. The central bank’s Monetary Policy Committee (MPC) is mainly focused on core inflation because it could spark increases in inflation expectations, which will impede a smooth economic recovery, governor Sethaput Suthiwartnarueput said at a media briefing on […]
Read MoreVietnam estimates a trade surplus of 6.52 billion USD in the first nine months of this year. In the same period last year, the country posted a trade deficit of 3.44 billion USD. The General Statistics Office announced on September 29 that in the period, the country’s import-export value hit 558.5 billion USD, up 15.1% […]
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