Thailand’s exports are expected to maintain growth momentum next year, albeit at a slower pace than this year, shored up by strong demand from emerging markets in Asia and the Middle East, speakers at a seminar said on Thursday. Speaking at the seminar organised by the Thai National Shippers’ Council, Chaichan Chareonsuk, the council’s president, said […]
Read MoreKUALA LUMPUR: Malaysia’s consumer price index (CPI) in October was up 4% an on annual basis to 128.6, as inflation moderated from September due to the absence of base effects. The increase was slightly above the median expectation of a poll of Reuters economists, who had predicted a rate of growth of 3.9%. Core inflation, […]
Read MoreSINGAPORE’S factory output contracted 0.8 per cent year on year in October, a reversal from the previous month’s gains of 1.6 per cent, according to data from an Economic Development Board (EDB) release on Friday (Nov 25). But excluding the typically volatile biomedical cluster, factory output grew 1.9 per cent, though this was slower than […]
Read MoreVietnam now has the opportunity to receive a new capital flow worth billions of dollars as it has caught the attention of many foreign investors. In November 2022, LEGO kicked off construction of its factory worth $1 billion. This is the project with the largest ever capital invested by a Danish enterprise in Vietnam. The […]
Read MoreKasikornbank (KBank) believes the baht will strengthen next year, dependent on internal factors after the US Federal Reserve eases its policy rate hikes. KBank adjusted its projection from a previous forecast of 37.50 baht to the US dollar at the end of 2022 to 35.25. The bank’s assessment is the baht will gradually appreciate to […]
Read MoreMANILA, Philippines — The Philippines has made gains in reducing poverty, but it is among the countries with the highest income inequality in East Asia, which the World Bank said could be addressed through policies that build resilience and promote equal access to opportunities. In its report “Overcoming Poverty and Inequality in the Philippines: Past, […]
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