SINGAPORE can absorb record inflows of new money, the central bank chief said, allaying concerns of a real estate bubble even as rents and prices surge to unprecedented highs. The Asian financial hub attracted S$448 billion last year, 59 per cent higher than the previous year, the latest data from the Monetary Authority of Singapore […]
Read MorePETALING JAYA: The market is convinced that Bank Negara will raise its overnight policy rate (OPR) again tomorrow, although some economists questioned the need for a hike amid rising recessionary risks. A poll by Reuters found that 25 out of 27 economists surveyed predicted Bank Negara would hike its OPR by 25 basis points (bps) […]
Read MoreCambodia exported $1.325 billion worth of “footwear, gaiters and the like; parts of such articles” in the first nine months of 2022, up 32.69 per cent year-on-year from $998.238 million, Customs data show. However, industry insiders have reported a material slowdown in new orders in the third quarter, and other signs of possible weakness in […]
Read MoreThai exports are expected to grow by 2-5% next year, easing from an expected 8% increase in 2022, according to a trade group. Chaichan Chareonsuk, president of the Thai National Shippers’ Council, attributed next year’s slow growth to the anticipated economic decline of key trading partners such as China, the US, and the EU. The forecast […]
Read MoreContinued expansions in output and employment alongside muted price and supply pressures may help the sector remain in growth territory as the end of the year approaches. Business conditions in the Vietnamese manufacturing sector continued to improve with the S&P Global Vietnam Manufacturing Purchasing Managers’ Index (PMI) in October staying above the 50-mark at 50.6. […]
Read MoreMANILA, Philippines — A new poll showed that 11.3% of Filipino families or an estimated 2.9 million experienced “involuntary hunger” moving into the third quarter of 2022. The survey, the first of its kind conducted under the administration of President Ferdinand Marcos Jr., showed that people who reported that their family experienced hunger and did […]
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Thailand
