More semiconductors are being supplied to the global auto industry, following a decline in demand for chips from the electronics sector, while car exports from Thailand reached their highest level so far this year in September, according to the Federation of Thai Industries (FTI). September auto exports soared by 35.9% year-on-year to 100,389 cars, an increase […]
Read MoreCambodia netted more than $348 million from the export of rubber latex and wood in the first nine months of 2022, falling by nine per cent year-on-year due to downward pressure on global demand, especially from China and Europe, the latter of which has seen many of its markets upended by the fallout from armed […]
Read MoreCooking gas prices will remain unchanged until the end of this year, even though world prices for liquefied petroleum gas (LPG) are falling, as authorities seek to shore up the heavily indebted Oil Fuel Fund. The retail price of cooking gas in Greater Bangkok will stay at 408 baht per 15kg cylinder, the Energy Policy Administration […]
Read MoreINDONESIA’S central bank raised its policy rates by 50 basis points (bps) on Thursday (Oct 20), as expected, as it sought to curb rising inflation, while trying to slow capital outflows that have weighed on the rupiah. Bank Indonesia (BI) hiked the benchmark seven-day reverse repurchase rate to 4.75 per cent, in line with the […]
Read MoreDomestic car sales in Thailand rose 15.64% in September from a year earlier to 74,150 units, helped by an economic recovery and new car models, the Federation of Thai Industries (FTI) said on Thursday. That compared with August’s 61.72% year-on-year jump. In the January to September period, car sales increased 19.13% from a year earlier. Car […]
Read More(Bloomberg) — Indonesia’s central bank is expected to deliver another half-point increase in the policy rate to stem the rupiah’s slide and check price pressures. Bank Indonesia will raise its 7-day reverse repurchase rate by 50 basis points to 4.75%, according to 19 of 31 economists surveyed by Bloomberg as of Wednesday. Eleven forecast the […]
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