PETALING JAYA: Malaysia’s manufacturing purchasing managers’ index (PMI) dipped to 46.5 in January 2023 from 47.8 in December 2022, “indicating a stronger moderation in the health of the sector,” says S&P Global. S&P Global Market Intelligence economist Usamah Bhatti said there were further signs in January that economic conditions in Malaysia remained muted, as challenging […]
Read MoreThailand has set a rice export target for this year of 7.5 million tonnes, slightly lower than the 7.69 million tonnes exported in 2022. According to Ronnarong Phoolpipat, director-general of the Foreign Trade Department, following consultation with the Thai Rice Exporters Association, the department found global demand for Thai rice remains strong this year. He said […]
Read MoreMANILA, Philippines — The country’s manufacturing sector had a good start to the year as it continued to grow, hitting a seven-month high in January due to stronger demand for goods. In a report released yesterday, international market intelligence firm S&P Global said the purchasing managers’ index (PMI) in the Philippines rose to 53.5 in […]
Read MoreJAKARTA: Indonesia’s January inflation cooled to its slowest rate in five months, but remained above the central bank target, official data show. The headline annual inflation rate in January was 5.28%, compared to the 5.40% expected by economists polled by Reuters. The rate also eased compared to 5.51% in December and was the lowest since […]
Read MorePrime Minister Hun Sen lauded the General Department of Taxation (GDT) for its efforts in collecting tax revenue that exceeded the budget plan in 2022, adding that the increased tax revenue contributed to the national economic development. The Prime Minister made the remarks during his message to GDT general director Kong Vibol. According to a […]
Read MoreOverpriced taxi services are the leading complaint among foreign tourists, along with poor garbage management and facilitation at the airport, according to the Tourism Council of Thailand (TCT). TCT’s quarterly survey, which polled 200 Western tourists in Thailand during the final quarter of 2022, showed satisfaction with taxi services received the lowest score of 3.5 out of […]
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