KUALA LUMPUR: Malaysia’s manufacturing sector recorded a strong growth of 17.4 per cent in gross output to RM1.61 trillion in 2021 from RM1.37 trillion in the year before, said the Department of Statistics Malaysia (DoSM). In line with the expansion of gross output, intermediate input grew by 18.2 per cent to RM1.25 trillion in 2021 […]
Read MoreCar production in Thailand rose 6.39% in February from a year earlier to 165,612 units, as a shortage of microchips eased and car exports increased, the Federation of Thai Industries (FTI) said on Thursday. Car exports climbed 11.42% in February from a year earlier, after January’s 24.28% rise, Surapong Paisitpattanapong, a spokesperson for FTI’s automotive industry division, […]
Read MoreMANILA, Philippines — More economists are betting the Bangko Sentral ng Pilipinas (BSP) will dial down on its rate tightening cycle with a smaller 25-basis-point hike amid the slight easing of inflation last month. Aris Dacanay, economist for ASEAN at HSBC, said the central bank’s Monetary Board is likely to hike key policy rates by […]
Read MorePrime Minister Phạm Minh Chính received on Tuesday Cambodian Deputy PM and Minister of Foreign Affairs and International Cooperation Prak Sokhonn, who is on an official visit to Việt Nam. PM Chính extended Vietnamese leaders’ greetings to Cambodia on the occasion of the country’s coming traditional Khmer New Year festival. He congratulated Cambodia on its […]
Read MoreSINGAPORE’S headline inflation dipped in February, while core inflation was unchanged from the previous month, data from the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) showed on Thursday (Mar 23). Both, however, were lower than economist estimates. In February, headline inflation slipped to 6.3 per cent, from 6.6 per cent […]
Read MoreThe Macroeconomics Research Institute (MRI) recently conducted a survey to identify the main obstacles businesses are facing in Laos. According to the survey results, the main obstacles identified were the high cost of production, the depreciation of the Lao KIP, and difficulties with recruitment. While the survey did show some improvement in hiring efforts, it […]
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