KUALA LUMPUR (April 25): A continued moderation of the consumer price index (CPI) this year could allow the government to ease subsidies, said CGS-CIMB. Malaysia’s inflation, as measured by the consumer price index (CPI), fell to 3.4% year-on-year (y-o-y) in March this year, marking seven months of continued decline, from its peak of 4.7% y-o-y […]
Read MoreAmid the ongoing recovery pace, the economy no longer requires any stimulus measures, but the country requires normalisation and the implementation of economic measures to support economic stability and potential growth for the longer term, says the governor of the Bank of Thailand. According to Sethaput Suthiwartnarueput, governor of the central bank, Thailand’s economy has been […]
Read MoreThe Vietnam Chamber of Commerce and Industry (VCCI) has made a renewed call for the Ministry of Finance (MoF) to eliminate the special consumption tax (excise tax) on gasoline. HÀ NỘI — The Vietnam Chamber of Commerce and Industry (VCCI) has made a renewed call for the Ministry of Finance (MoF) to eliminate the special […]
Read MoreThailand’s CP ALL Public Company plans to launch 7-Eleven convenience franchise stores in Laos by mid-2023. CP ALL Laos, a subsidiary of Thailand’s CP ALL Public Company, will open five 7-Eleven convenience stores in the cities of Vientiane Capital, Luang Prabang, and other provinces, according to Prachachat. Mr. Korsak Chairasmisak, CEO and President of CP ALL Public Company […]
Read MorePETALING JAYA: The weakening global economy foretells weaker trade prospects for Malaysian companies and products and services in the months ahead. While China’s economic reopening is expected to provide some support to the global growth outlook and Malaysian exports, the high inflation and interest rate environment in major economies, where much of the final demand […]
Read MoreSINGAPORE’S inflation fell across the board in March – with the exception of energy – largely in line with economists’ expectations, according to official figures on Monday (Apr 24). Headline inflation was 5.5 per cent year on year, down from 6.3 per cent in February and matching private-sector economists’ median estimate in a Bloomberg poll. […]
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