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 […]
Read MoreCambodia’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 […]
Read MoreJakarta (ANTARA) – With a positive work performance and a strong foundation, the government is confident of achieving twofold digital economy growth by 2025, Coordinating Minister for Economic Affairs Airlangga Hartarto said here on Tuesday. Hartarto cited reports from Google, Temasek, and Bain & Company, which have pegged the value of the national digital economy […]
Read MoreKUALA LUMPUR: Malaysian Deputy Finance Minister Ahmad Maslan signalled on Tuesday (Feb 28) that the government is mulling over targeted fuel subsidies that could exclude the rich from receiving them. He said in parliament that billions could be saved if there is a targeted fuel subsidies mechanism, with the savings chanelled to other more needy […]
Read MoreFebruary’s consumer price index (CPI) increased by 0.45 per cent over January, driven by higher fuel and housing prices after Tet (Lunar New Year) holiday, GSO’s data on Tuesday showed. HÀ NỘI — February’s consumer price index (CPI) increased by 0.45 per cent over January, driven by higher fuel and housing prices after the Tết (Lunar New […]
Read MoreThe baht is likely to recover and strengthen to 33-34 to the US dollar by the end of 2023, as the greenback could go into reverse and start to depreciate in six months, says SCB Chief Investment Office (CIO). The Thai currency traded below 35 baht to the dollar yesterday, moving in a range of 35.15 […]
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