KUALA LUMPUR (March 29): Bank Negara Malaysia (BNM) has projected Malaysia’s headline and core inflation to average between 2.8% and 3.8% in 2023. In 2022, full-year headline inflation averaged 3.3%, while core inflation averaged 3%. “The continued strength in domestic demand and improvement in the labour market will keep core inflation elevated in the […]
Read MoreFrom January 1, 2026, traders who export goods via official channels must report their exit of the country at either border gates or border crossing points approved by bilateral trade agreements. HÀ NỘI — The Ministry of Industry and Trade (MOIT) is seeking public comments on a legal draft amending Decree No14 on cross-border commercial activities. […]
Read MoreThailand beat its target for tourist arrivals in the first quarter of 2023, recording 6.15 million visitors in the January to March 27 period, government spokesoman Traisuree Taisaranakul said on Wednesday. The government had set a target of 6 million arrivals in the three months ending in March this year. The government urged hospitality businesses, especially […]
Read MoreEnrico Tanuwidjaja, Economist at UOB Group, assesses the outlook for the economic growth in Indonesia for the current year. Key Takeaways “Economic growth in 2022 in all regions of Indonesia posted an increase from the previous year. The highest economic growth was recorded in the Sulawesi-Maluku-Papua (Sulampua) region with growth at 7.49% (y/y), followed by […]
Read MoreKUALA LUMPUR (March 29): Bank Negara Malaysia (BNM) generated a total income of RM8.52 billion in 2022, down 41.84% compared with RM14.65 billion in 2021, according to its annual report released on Wednesday (March 29). This came as operating income dropped 41.05% to RM8.3 billion from RM14.08 billion. Loans and advances income fell to RM43 […]
Read MorePreparations for the start of cross-border passenger services on the Laos-China Railway are progressing well, with the new service expected to start on April 13, Deputy Prime Minister Saleumxay Kommasith was reported. The DPM, who is also Minister of Foreign Affairs, recently went to Luang Namtha province, which borders China, to monitor the progress of […]
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