MANILA: Southeast Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves in the coming months. Policymakers in Indonesia, Philippines and Thailand will each raise borrowing costs by a total half-point in the coming months before reaching their […]
Read MoreThe US continued to be the biggest export destination of Cambodia in 2022 as the Kingdom shipped goods worth $8.9 billion to the country, 19.7 percent more compared to 2021. However, Cambodia’s exports to China with $1.2 billion last year showed a 17.9 percent decline for the same period. While the US share in the […]
Read MorePETALING JAYA: Personal consumption growth, an important indicator of the strength of the economy, may slow down this year with more interest rate hikes in the offing. Bank Negara had raised its overnight policy rate (OPR) by 100 basis points (bps) last year to 2.75% in a bid to tame inflationary pressures and in line […]
Read MoreMANILA, Philippines — The Philippine economy is expected to grow at a slower pace of six percent this year amid risks such as slower global growth, high inflation and rising interest rates. During a briefing by First Metro Investment Corp. (FMIC), University of Asia and Pacific (UA&P) economist Victor Abola said the economy is expected […]
Read MoreVietnamese purchases of goods online and the value of online orders both increased significantly in 2022, according to market analysis firms. To prepare for the 2023 Tet holiday, Nguyen Thi Ngoc in Thanh Xuan district, Hanoi, has ordered 4 kilograms of maize vermicelli made in Cao Bang and mushroom and bamboo shoots via Postmart, an […]
Read MoreLao Brewery Company has issued a notice stating the need to adjust production costs for the first time in 2023. In a notice to consumers, the company confirmed that it has raised the prices for some of its products from 11 January onwards. This time around, the company provided no explanations for the new price […]
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Thailand
