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Philippines: No reprieve as BSP sees February inflation breaching 9%

MANILA, Philippines — The Bangko Sentral ng Pilipinas on Tuesday said there are chances that brutally-high inflation sizzled beyond 9% in February, which could give it more reason to tighten monetary policy. In a statement on Tuesday, the BSP said inflation likely quickened between 8.5 to 9.3% in February. If the upper range is realized, consumer price growth would be faster […]

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Cambodia’s manufacturing output reaches $15 billion in 2022

Cambodia’s manufacturing output hit $15.8 billion in 2022, a remarkable increase of 83 percent year on year, the Ministry of Industry, Science, Technology and Innovation (MISTI)’s report showed on Tuesday. The ministry registered 186 new factories last year, pushing the total number of factories to 1,982. Cham Prasidh, Senior Minister and Minister of MISTI said […]

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