FULL-YEAR economic growth expectations will have to be tempered given an expected third-quarter slowdown and the possibility of a further deceleration in the last three months of the year, analysts polled by The Manila Times indicated. With July-September results to be announced on Thursday, a survey of six economists led to a median growth forecast […]
Read MoreIndonesia’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. GDP rose 5.72 percent in the three months to September from a year earlier, the statistics office said yesterday. That is the fastest increase in […]
Read MoreMany shoppers are trading down to less expensive clothing and accessories — swapping Lululemon leggings for Uniqlo and expensive lingerie for Target bras and panties — as inflation eats into their disposable income and a rocky stock market erodes their wealth. The downshift raises concerns about the coming holiday season, historically a time when many people […]
Read MoreVIETNAM’S central bank is willing to provide liquidity to the local banking system, Governor Nguyen Thi Hong said on Sunday, as lenders face pressure from higher interest rates and tightening credit conditions. Hong confirmed that the central bank had held emergency meetings during the week with commercial banks to discuss liquidity in the system, which […]
Read MoreLaos has beaten its own record again with inflation reaching 36.75 percent in October according to the latest report from the Lao Statistics Bureau (LSB). October set a new record marking the highest inflation rate this year, up from 34.05 percent in September, continuing an upward trend that has caused difficulties for residents amid a […]
Read MoreINDONESIA’S annual economic growth accelerated in the third quarter to 5.72 per cent, the fastest in more than a year but below market expectation, official data showed on Monday. The second-quarter growth rate was 5.44 per cent on a yearly basis. Economists in a Reuters poll had expected gross domestic product in the July-September quarter […]
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Thailand
