KUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) expects Malaysia’s gross domestic product (GDP) to remain respectable in 2023 despite a slower growth forecast of 4.3 per cent compared with 8.2 per cent growth projection for 2022. During the RAM Insight Series webinar today titled “Economic Outlook 2023-Choppy Waters Ahead?”, senior economist and head of […]
Read MoreThe majority of tourists travel to Luang Prabang using the Laos-China Railway as opposed to other means of transport, according to a new report. According to the Deputy Head of Information, Culture and Tourism Department, Mr. Chansamone Thipphavanh, Luang Prabang saw 335,794 tourists visiting the province on the Laos-China Railway train until October. A whopping 85.27 percent […]
Read MoreTEMPO.CO, Jakarta – Member of the Jakarta Wage Council, Nurjaman, said that workers are proposing for the 2023 minimum wage to increase by 10.55 percent or Rp5,131,000. “The proposed total increase in workers’ wages in our second meeting at the Jakarta City Hall amounting to Rp5,131,000, does not refer to the issued Ministerial Regulation by the Manpower Ministry (Permenaker) Number […]
Read MoreThe National Assembly’s Committee on Science, Technology and Environment has completed a report on monitoring of policies and laws on consumer protection. The Law on Protection of Consumer Rights has been in effect for more than 10 years. Many associations were formed to protect consumer protection. But the number of complaints lodged by consumers has […]
Read MoreINFLATION data due to be released in two weeks, as well as the outcome of the US Federal Reserve’s (Fed) final meeting for the year will determine the Monetary Board’s next moves, Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said on Tuesday. “Well, it depends on what the US does. It depends on what […]
Read MoreSINGAPORE’S inflation eased across the board in October, from decade-high levels in the previous month, as prices rose more slowly across almost all broad categories, data from the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) showed on Wednesday (Nov 23). Headline inflation fell to 6.7 per cent year on year […]
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