REAL median income growth rose to 2.1 per cent in 2022, as strong nominal income growth outstripped inflation, said the Ministry of Manpower (MOM) in the advance release of its annual Labour Force in Singapore report on Thursday (Dec 1). But this was still slower than in the pre-Covid years, when real median income growth […]
Read MoreJakarta (ANTARA) – Governor of Bank Indonesia (BI) Perry Warjiyo on Wednesday expressed optimism that Indonesia’s economy will grow around 4.5–5.3 percent in 2023. “The growth will be quite good: 4.5 percent to 5.3 percent in 2023,” he said at the Bank Indonesia Annual Meeting 2022 here. This growth would be supported by several factors such as […]
Read MoreMANILA, Philippines — The country has imported 3.37 million metric tons (MT) of rice in November, 34.14 percent more than the 2.51 million MT brought in in the same period last year. Latest data from the Bureau of Plant Industry (BPI) showed that the figure is 21.43 percent higher than the 2.77 million MT that […]
Read MoreThe publicly listed Royal Group Phnom Penh Special Economic Zone (Royal Group PPSEZ) of the conglomerate Royal Group of Companies yesterday announced to pay cash dividend at the payout ratio of 40 percent from the operating profits or more than $765,000 to its shareholders in the public, according to a senior officer of the firm. […]
Read MoreIRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects prices of petrochemical products, which hit a 10-year low, to increase early next year as Covid-19 eases. Kris Imsang, president and chief executive of IRPC, blamed the impact of lockdown measures, enforced during the pandemic, as well as the Russia-Ukraine war, which […]
Read MoreThailand’s Manufacturing Production Index (MPI) fell by 3.71% year-on-year in October as some factories shut down for maintenance, but the Industry Ministry remains optimistic about the growth of the full-year MPI. Major maintenance of petrochemical and plastic bead production facilities lowered the October index to 93.89 points, down from 97.89 points in September, according to the Office […]
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