SINGAPORE’S non-oil domestic exports (NODX) contracted for the fourth consecutive month in January, bogged down by declines in both electronics and non-electronics, data from Enterprise Singapore (EnterpriseSG) showed on Friday (Feb 17). The month’s NODX tumbled 25 per cent from a high year-ago base, deepening from December 2022’s 20.6 per cent decline on the year. NODX in […]
Read MoreThe number of registered electric vehicles (EVs) in Cambodia increased by 1,000 percent last year, reflecting the growing awareness of their benefits. The government also supported the private sector in building charging stations. There are now more than 700 registered electric vehicles in the country, said Sun Chanthol, the Minister of Public Works and Transport, […]
Read MoreJAKARTA: Indonesia’s central bank held its key interest rate unchanged yesterday, emphasising that the current level should be sufficient to guide inflation back to within its target range later this year. Bank Indonesia kept the benchmark seven-day reverse repurchase at 5.75%, as expected by the majority of economists in a Reuters poll. Its two other […]
Read MoreBSP key rate hits 6% MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) remained hawkish as it raised key policy rates by another 50 basis points yesterday to hit its highest level in almost 16 years, a strong follow-through monetary policy response as inflation is now expected to accelerate further to above six percent […]
Read MoreThe value of two-way trade between Laos and Cambodia reached US$210 million in 2022, up from US$160 million in 2021, according to a report in the Phnom Penh Post. “Market platform Trading Economics indicates that imports from Laos of items in the “mineral fuels, oils, distillation products” category – or Chapter 27 of the Harmonised […]
Read MoreThe rapid depreciation of the baht has helped stocks in the export sector, say analysts, warning the currency is under pressure to slide further, resulting in continued outflows from the Thai stock market. Investors are advised to monitor US economic data that could influence investment and interest rate trends. For example, US inflation in January was […]
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