JAKARTA : Indonesia’s central bank expects headline inflation this month to ease to 5.8 per cent year-on-year and food inflation to come in below 10 per cent amid efforts by authorities to shore up food supplies, a deputy governor said on Monday. The annual inflation rate in Southeast Asia’s biggest economy in September reached a […]
Read MoreKUALA LUMPUR: MIDF Research expects the supply-driven inflationary pressures on consumer prices would ease as businesses have reduced pressures to pass on cost increases to customers. This was following the data from Department of Statistics Malaysia (DoSM) which reported that Malaysia’s Producer Price Index (PPI) for local production for September 2022 increased by 4.9 per […]
Read MoreThe International Monetary Fund (IMF) forecasts the Sultanate’s gross domestic product (GDP) growth at 1.2 per cent this year (2022), 3.3 per cent next year (2023) and 3.2 per cent in 2024. This was according to its Regional Economic Outlook: Asia and the Pacific October 2022: Sailing into Headwinds, published on Thursday. Higher fuel prices […]
Read MoreThe International Monetary Fund (IMF) expects higher food and energy prices to have similar impacts on relative poverty in Cambodia and Vietnam. In its outlook for Asia and the Pacific released in Singapore last week, the IMF also said that the consequences for vulnerable Cambodian and Vietnamese households were likely to be about five times […]
Read MoreHanoi’s digital economy aims to account for 30% of the regional gross domestic product by 2030, according to the Hanoi Digital Transformation to 2025 and Vision to 2030. Vietnam is the fastest-growing digital economy in Southeast Asia in 2022, with projected gross merchandise value to grow by 28% to US$23 billion, thanks to the growing […]
Read MoreMANILA, Philippines — Bank lending posted a double-digit growth in September, continuing to reap the rewards of a reopened domestic economy despite rising borrowing costs, the Bangko Sentral ng Pilipinas reported Monday. Credit growth jumped 13.4% year-on-year in September, data released by the BSP showed. The increase was faster than the 12.2% annual expansion recorded […]
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Thailand
