JAKARTA : Indonesia’s trade surplus likely fell further last month to $3.27 billion as imports rose ahead of the Muslim fasting month of Ramadan, when consumption typically peaks, a Reuters poll showed on Tuesday. Southeast Asia’s largest economy has been recording trade surpluses every month since May 2020, but they have narrowed in in recent […]
Read MoreKUALA LUMPUR, March 14 — Inflation is slowing down. January’s consumer price index slowed to 3.7 per cent compared to the same month the previous year. In December 2022, it was 3.8 per cent, continuing the dipping trend that began at the start of the fourth quarter. Inflation is also expected to “moderate” this year […]
Read MoreWEIGHED down by negative sentiment in the manufacturing and wholesale trade sectors, the Singapore Commercial Credit Bureau’s (SCCB) business optimism index (BOI) for Q2 2023 fell further to +4.6 percentage points from +4.73 percentage points the previous quarter, and from +5.35 percentage points for Q2 2022. SCCB is a subsidiary under credit and risk information […]
Read MoreIn the context of weak domestic steel demand and rising costs pushing up global commodity prices, the selling prices of finished steel are increasing slower than the prices of input materials. HÀ NỘI — The high prices of raw materials have caused domestic steel companies to increase selling prices many times to compensate for production […]
Read MoreVietnam has launched a project to repair and expand roads connecting its central region to the neighboring countries of Laos, Cambodia, and Thailand. Viet Nam News reports that the project is expected to cost USD 76 million and it will upgrade roads in the central province of Quảng Nam and the Central Highlands of Vietnam that connect […]
Read MoreThe baht on Monday surged against a significant fall in the US dollar mainly due to the sudden collapse of Silicon Valley Bank (SVB) and the market’s expectation that the US Federal Reserve (Fed) would slow down its policy rate hikes. On Monday, the baht opened at 34.65 per dollar, after closing at 35.02 last week. […]
Read More
Thailand
