KUALA LUMPUR: Inflation differs in various economies but in the Asean region it is expected to moderate and improved faster than the developed economies, said an economist. ANZ Bank chief economist (Southeast Asia and India) Sanjay Mathur said inflation in the region was seen more as a result of a commodity price shock, and not […]
Read MoreSpending on Valentine’s Day this year is projected to top 2.39 billion baht, jumping 57.1% from last year and the first increase in five years, according to a University of the Thai Chamber of Commerce (UTCC) survey. UTCC president Thanavath Phonvichai said Valentine’s Day spending this year is forecast to be active, even as most people […]
Read MoreMANILA: The unemployment rate in the Philippines reached 4.3 per cent in December 2022, 0.1 percentage point higher than the performance in November but the second lowest since April 2005, reported Xinhua, quoting the Philippine Statistics Authority (PSA) on Wednesday. The number of unemployed Filipinos rose to 2.22 million in December, PSA data showed. Boosted […]
Read MoreIn the early days of this year, Hoa Phat Group secured many orders to export its steel products to the US, Canada, Mexico, Puerto Rico, Australia, Malaysia, Hong Kong (China), and Cambodia. The firm’s export volume in January reached 46,000 tonnes. Hoa Phat produced 392,000 tonnes of crude steel in January, equaling 56% of the […]
Read MoreThe two-way trade income between the countries increased by 24 percent in 2022, crossing over USD 1.7 billion. The report stated that the two countries’ industry and trade sectors worked together to organize several trade promotion activities during the year, which helped in increasing bilateral trade. In 2022, Laos imported goods worth USD 656 million from Vietnam, […]
Read MoreAs inflation blows past expectations MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to deliver a higher rate hike this month as inflation blew past expectations, hitting a new 14-year high at 8.7 percent in January from 8.1 percent in December, according to S&P Global Ratings and bank economists. In a report, […]
Read More
Thailand
