KUALA 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, […]
Read MoreTo support the rice sector, the Cambodian government has extended the income tax waiver for companies (rice mills and exporters) in the segment for the next five years, according to the Ministry of Commerce. This was announced by Minister of Commerce Pan Sorasak at a meeting on November 23. “The Royal Government has always considered […]
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Thailand
