PETALING JAYA: Malaysia is expected to announce another smashing economic growth rate for the third quarter of 2022 (3Q22) amid very strong economic data and early signs of growth weakness ahead. Initial expectations was for domestic growth to hit a soft patch in the second half of the year, but 3Q22 looks set remain strong […]
Read MoreMANILA, Philippines — The government is keeping its growth target for next year, even as sustained increases in inflation may slow down the economy next year, the National Economic and Development Authority (NEDA) said. Socioeconomic Planning Secretary Arsenio Balisacan told reporters on the sidelines of the 48th Philippine Business Conference and Expo yesterday that the […]
Read MoreSINGAPORE – Nearly 70 per cent of Singaporeans are concerned about higher household expenses, according to a recent study by UOB. This is an increase of 11 percentage points from last year, owing to rising inflation and an uncertain economic climate. About 70 per cent of Singaporeans also think there is a likelihood of the […]
Read MoreMANILA, Philippines — Filipinos planning to travel for the holiday season can expect air fares to go down next month, as airlines vow to reduce ticket prices with a lower fuel surcharge in place. Local carriers Philippine Airlines (PAL), Cebu Pacific and AirAsia Philippines yesterday said they would comply with the directive of the Civil […]
Read MoreFitch Ratings expects higher earnings in the Thai banking sector, in line with the country’s economic recovery, with loan-loss reserves in the industry having peaked. Earnings in the Thai banking sector are forecast to continue to improve, driven by the economic recovery and reduced, though still elevated, provisioning, Fitch Ratings’ senior director and head of South […]
Read MoreBanten, Indonesia – A Cambodian business delegation from different industries yesterday started their first trade mission in Indonesia under the aegis of Cambodia’s Ministry of Commerce (MoC) and the Embassy of the Republic of Indonesia in Phnom Penh. This is the first trade mission in two years since the Covid-19 pandemic hit the global economy. The […]
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