Indonesia’s annual economic growth may slow to 4.37% next year, partly due to the impact of domestic monetary tightening, the country’s central bank (BI) governor Perry Warjiyo told a parliamentary hearing. Jakarta (VNA) – Indonesia’s annual economic growth may slow to 4.37% next year, partly due to the impact of domestic monetary tightening, the country’s central bank (BI) […]
Read MoreIn the third quarter of 2022, average inflation fell to 4.9 percent compared to the previous quarter’s inflation rate, which was at 7.4 percent. This is according to the Economic and Financial Statistics Bulletin for the third quarter of 2022. The third quarter economic and financial statistics bulletin was released by the Ministry of Economy […]
Read MoreMANILA, Philippines — The Philippines is likely to lead economic growth in Asia-Pacific in 2023, supported by pent-up demand after the strict COVID-19 quarantine and lockdown protocols, according to Moody’s Investors Service. In a report, Moody’s said the Philippines would feel the lagged effect of post-pandemic reopening as it had the longest continuous lockdown of […]
Read MoreSET-listed Bangkok Aviation Fuel Services (BAFS) expects sales of jet fuel to grow by 50% next year, up from an estimated 4.2 billion litres in 2022, or 10.9 million litres per day, as the aviation industry recovers. The company provides refuelling services at five airports: Don Mueang, Suvarnabhumi, Samui, Sukhothai and Trat. The sales outlook next […]
Read MoreKUALA LUMPUR, Nov 28 — Malaysian exports rose 15 per cent year on year to RM131.6 billion in October 2022, with Penang posting the highest exports at RM7.1 billion. Malaysia’s total trade in October jumped 21 per cent to RM245.2 billion. In a statement, the Department of Statistics Malaysia (DOSM) said according to the export-import […]
Read MoreThe nascent revival in North Asian equities is being touted as the start of a potential bull run as bets for China’s gradual reopening as well as the bottoming out of the chip industry intensify. Strategists at Goldman Sachs Group Inc expect Asia’s equity leadership to shift from Southeast Asia and India to markets like […]
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Thailand
