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Malaysia: February IPI rises 3.6%

PETALING JAYA: Malaysia’s Industrial Production Index (IPI) experienced a 3.6% year-on-year (y–o-y) growth in February this year, underpinned by accelerated activities in the manufacturing sector, the Statistics Department has revealed. The growth in February was an improvement from the previous month, as January saw a modest IPI y-o-y expansion rate of 1.8%. In an IPI […]

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Thailand: Agencies predict economic uptick

Prime Minister Prayut Chan-o-cha is feeling upbeat regarding Thailand’s economic recovery, citing the forecasts of several reputable economic agencies including the Asian Development Bank (ADB) and Japan Center for Economic Research (JCER) that anticipate a rebound in 2023 and 2024. According to government spokesman Anucha Burapachaisri, Gen Prayut credits the agencies for the evaluation and Thais […]

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High Philippine inflation dents Marcos’ approval ratings

PHILIPPINE President Ferdinand Marcos Jr’s approval ratings edged lower due to public dissatisfaction over his government’s handling of inflation, but he remains popular, an opinion poll showed on Wednesday. The Pulse Asia survey found that 78 per cent of 1,200 respondents polled in March approved of Marcos’ performance, lower than the 82 per cent he […]

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