Government leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating. Energy Minister Supattanapong Punmeechaow on Tuesday warned about risks to economic growth from higher […]
Read MoreJAKARTA : Indonesia’s trade surplus narrowed more than expected in May, as exports grew more slowly than predicted due to the country’s ban on palm oil shipments, data from the statistics bureau showed on Wednesday. The resource-rich country has been enjoying an export boom since last year on the back of a surge in commodity […]
Read MoreThe Royal Government of Cambodia’s total public debt stock is at $9.81 billion consisting of 68 percent from Bilateral Developing Partners (DPs) and 32 percent from Multilateral DPs, according to Cambodia’s Public Debt Situation at the end of Q1 2022. In Q1 2022, the RGC has signed a new concessional loan with DPs in the […]
Read MoreMANILA, Philippines — The Philippines should open further to foreigners if it wants to corner more job-generating investments, Asia-based Hinrich Foundation said on Tuesday. There’s a “window of opportunity that might be the right moment to open the country,” Riccardo Crescenzi, professor of economic geography at the London School of Economics, said in an online forum […]
Read MoreHSBC has lowered its forecast on Vietnam’s inflation rate in 2022 to 3.5% from its earlier prediction of 3.7% due to the stable domestic food price, according to a report released on June 14. The bank explained that the inflation risk in ASEAN countries has increased since the beginning of 2022, leading to a high […]
Read MoreKUALA LUMPUR: The retail industry recorded a growth rate of 18.3% in the first quarter of 2022 (1Q22), spurred by better economic conditions and further easing of movement restrictions. This is comparable to the -9.9% contraction in retail sales during the first quarter of 2021 (1Q21), said Retail Group Malaysia (RGM), in its latest retail […]
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Thailand
