KUALA LUMPUR: Malaysia’s manufacturing sector continued to face challenging business conditions in April 2023, with the seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) unchanged at 48.8 in April, according to S&P Global. That said, the index was at its joint-highest level since September last year, suggesting a tentative recovery in operating conditions […]
Read MoreThailand’s exports are likely to rise 1% in 2023 and should pick up later in the year, owing to a recovery in China’s economy, the Thai National Shippers’ Council said on Tuesday. Exports, a key driver of Thai growth, were not as weak as expected in the first quarter and should improve in the remaining […]
Read MoreIn the first four months of this year, the index rose by 3.84 per cent year on year, mainly due to increases in prices of education, housing and construction materials, culture, entertainment and tourism, food, and electricity. HÀ NỘI — The consumer price index (CPI) in April decreased by 0.34 per cent month-on-month, but increased by 2.81 per […]
Read MoreBANGKOK, Thailand – Merchandise trade volume in the ASEAN region is expected to grow by over three percent this year, expanding at a slightly faster rate than overall Asia, according to an economist from the World Trade Organization (WTO). During the Outreach for Southeast Asia and Pacific journalists organized by the WTO in Bangkok, Thailand, WTO […]
Read MoreUSD/IDR justifies downbeat Indonesia inflation while bouncing off an 11-month low to 14,710 heading into Tuesday’s European session. In doing so, the Indonesia Rupiah pair fails to cheer a retreat in the US Dollar prices amid a sluggish session due to the mixed sentiment and anxiety ahead of the key data/events. Indonesia’s headline Inflation eased […]
Read MoreMANILA, Philippines — The revised regulations on value added tax (VAT) zero-rating is seen to encourage Philippine Economic Zone Authority (PEZA)-registered business enterprises (RBEs) to source more of their service requirements locally. In a message to reporters, PEZA director-general Tereso Panga explained that before the revised guidelines, RBEs were exposed to VAT payments because the […]
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