TEMPO.CO, Jakarta – The Bank Indonesia (BI) Consumer Survey for April 2022 revealed that consumer confidence in the nation’s economic condition has increased. This is reflected in April’s Consumer Confidence Index (IKK) with a score of 113.1, up from March’s 111. “The increase in IKK was driven by consumers’ improved perceptions over today’s economy,” BI head of communications Erwin Haryono […]
Read MoreThailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country’s recovery. What are the factors driving the baht’s movement […]
Read MoreSINGAPORE – The rental prices for Housing Board flats and private apartments continued to rise in April, hitting new highs in both markets, while leasing volumes dipped. Condominium rents last month surpassed the previous peak in January 2013 by 1.8 per cent, while HDB rents saw a record increase year on year, according to flash […]
Read MoreThe Government of Laos is seeking solutions to the fuel crisis, including finding ways to access the foreign currency desperately needed to bail out fuel importers. The Lao Fuel and Gas Association held its annual meeting yesterday at the Lao National Chamber of Commerce and Industry (LNCC), where government officials and fuel company executives consulted […]
Read MoreMANILA, Philippines — Wholesale prices of consumer goods in the entire country jumped to their highest level in 10 years as an effect of global tensions, the Philippine Statistics Authority (PSA) said. The General Wholesale Price Index (GWPI) in the Philippines surged by 7.6 percent in March, faster than the 5.6 percent print in February. […]
Read MoreLong queues formed at petrol stations across the capital on Tuesday as desperate motorists drove from place to place in a determined attempt to find fuel. Provinces across the country have been suffering shortages for weeks, with early warning signs as Luang Namtha ran out of fuel in late March. The situation worsened in Pakxe […]
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