Vietnam welcomed about 1.87 million international arrivals in the first nine months of this year, 16.4 times higher than the same period last year but much lower than that in the same time in 2019 before COVID-19 broke out. In September alone, the country saw nearly 432,000 foreign visitors, down 11.2% over the previous month. […]
Read MoreMost emerging Asian currencies weakened against a stronger US dollar on Thursday, with the Thai baht shedding more than 1% following a quarter-point rate hike that investors viewed as moderate to bring down inflation running at a 14-year high. Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said the bank was ready to adjust the pace […]
Read MorePRESSURE on Indonesia’s rupiah is expected to be temporary, a senior Bank Indonesia (BI) official said on Thursday (Sep 29), adding the currency is expected to strengthen to reflect its fundamental value later in the year. Edi Susianto, who heads the central bank’s monetary management department, told Reuters in an interview BI would prioritise policies […]
Read MoreKUALA LUMPUR: Malaysia’s Producer Price Index (PPI) for local production eased further to 6.8 per cent in August compared to 7.6 per cent in the previous month, the Department of Statistics Malaysia (DOSM) said. The department said the lower reading was attributed to the manufacturing index with a 9.4 per cent expansion (July 2022: 9.9 […]
Read MoreVIETNAM’S economy posted a double-digit growth in the third quarter, reflecting a robust recovery from the pandemic-induced slump a year ago. Gross domestic product rose 13.67 per cent in the 3 months ending September from a year earlier, the General Statistics Office said on Thursday (Sep 29). That compares with a 14.35 per cent median […]
Read MoreThe Bank of Thailand on Wednesday raised the policy rate by 0.25 percentage points to 1%, in a bid to tame high inflation amid an uneven economic recovery. The meeting of the central bank’s Monetary Policy Committee (MPC) voted unanimously for the rate hike, which is effective immediately, according to the committee’s secretary Piti Disyatat. Last […]
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Thailand
