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Thailand: Sentiment gains on higher orders of goods, spending

The Thailand Industry Sentiment Index (TISI) increased to 96.2 points in February, the highest level since April 2019, as manufacturing and consumer spending increased while the tourism recovery continued. More goods orders played a key role in boosting the confidence of manufacturers, said Kriengkrai Thiennukul, chairman of the Federation of Thai Industries (FTI). In January the […]

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Philippines: Wholesale price growth accelerates to 7%

COSTLIER food items led to wholesale prices growing at a faster pace in January, the Philippine Statistics Authority (PSA) reported on Wednesday. The general wholesale price index (GWPI) expanded by 7.0 percent, up from 6.7 percent in December. It was also significantly higher than the 4.6 percent recorded a year earlier. “The increase in the […]

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FMM says 77% of Malaysian manufacturers not utilising RCEP, CPTPP agreements yet

KUALA LUMPUR (March 16): Only 11% of Malaysian manufacturers are utilising both the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreements. Based on the Federation of Malaysian Manufacturers’ (FMM) Business Conditions Survey for the second half of 2022, 66% of the 745 respondents said they are aware […]

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