KUALA LUMPUR: Malaysia’s industrial production index (IPI) expanded 10.8 per cent year-on-year (y-o-y) in September 2022 compared with a growth of 13.5 per cent y-o-y in August 2022, said the Department of Statistics Malaysia (DoSM). In a statement today, the department said the sectors that contributed to September’s increase was mining (+15.0 per cent), manufacturing […]
Read More(Bloomberg) — Indonesia’s economy expanded faster than expected in the third quarter, giving the central bank room to tighten policy further as consumption stayed resilient despite price pressures and higher borrowing costs. Gross domestic product rose 5.72% in the three months to September from a year ago, the statistics office said Monday. That’s the fastest […]
Read MoreThe head of the Price Statistics Department at the General Statistics Office (GSO), Nguyen Thu Oanh, has rejected rumors that consumer prices have soared 10-20% this year. According to the report, the CPI in the year through October picked up 2.89% over the same period last year on average due to increases in fuel prices. Gasoline prices […]
Read MoreThe Ministry of Digital Economy and Society (DES) on Monday entered into a memorandum of understanding (MoU) agreement with the Ministry of Technology and Communications of Laos to collaborate in the postal, digital infrastructure development, ICT and e-commerce fields for eight years. The accord also includes an exchange of information on achievements, progress and development plans […]
Read MoreMALAYSIA’S ruling Barisan Nasional (BN) coalition promised cash aid to households with monthly incomes of less than 2,208 ringgit (S$655) if it were to win this month’s election, as it seeks to address the rising cost of living that has emerged as a hot-button issue with voters. BN said it would introduce “Assistive Basic Income,” […]
Read MoreThe government is reportedly backing down from its plan to allow wealthy foreigners to purchase up to one rai of land for residential purposes in return for investments, after the proposal drew fierce criticism. Chayawut Chanthorn, director of the Department of Land, said on Monday that Deputy Prime Minister Prawit Wongsuwon had approved the withdrawal of the […]
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Thailand
