Thailand’s rate committee stuck by a pledge that monetary tightening would be gradual and measured, but noted it could be adjusted should the growth and inflation outlook shift from assessments, minutes of the meeting showed on Wednesday. The minutes said monetary policy would face greater challenges in the period ahead, given a tradeoff between tackling inflation […]
Read MoreVietnam’s labor market has improved, sending goods news to workers being laid off in the final quarter of last year due to a shortfall of new orders faced by their companies. The Hanoi Center for Employment Services, in cooperation with job centers in six neighboring provinces, will hold job bazaars to match job supply with […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to grow at a moderate pace of 4.7 per cent this year amidst a gradual decline in inflation, softening monetary policy and subpar commodity prices, an economist said. Nonetheless, ANZ Bank chief economist (Southeast Asia and India), Sanjay Mathur projected the gross domestic product (GDP) growth to remain quite […]
Read MoreTEMPO.CO, Jakarta – Head of the National Planning Agency (Bappenas) Suharso Monoarfa acknowledged that high economic growth did not significantly lower the poverty rate. According to him, this was because of disruptions in the economy. The reduction in the poverty rate, he argued, was not substantial considering job creation was also not linear with economic growth. This occurred due to […]
Read MoreThe country reported an increase in the importation of electric vehicles last year, following multiple hikes in fuel prices. Mr. Thongphat Inthavong, Deputy Minister of Energy and Mines, said at a conference earlier this month that people in Laos have started using electric vehicles more after fuel shortages and increase in fuel prices that were reported in […]
Read MoreKUALA 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 […]
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Thailand
