TEMPO.CO, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati estimated that the country’s economic growth in 2023 will remain strong and even has the opportunity to grow above 5 percent. For the first quarter of 2023, she explained, the figure reached 5.03 percent, better than the fourth quarter of 2022 which was 5.01 percent. “It’s triggered by the […]
Read MoreMANILA, Philippines — The country’s unemployment rate declined in March while the quality of jobs improved, according to the Philippine Statistics Authority (PSA). In a briefing yesterday, national statistician Dennis Mapa said preliminary results of the PSA’s Labor Force Survey showed the unemployment rate was at 4.7 percent last March, down from 4.8 percent in […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production in March rose 3.1% from a year earlier, above expectations, government data showed on Tuesday. March’s factory output had been forecast to expand 0.6%, according to 11 economists surveyed in a Reuters poll. – Reuters
Read MoreBanks have been steadily cutting deposit interest rates, which have reached around 8 per cent, a move aimed at reducing lending rates to support businesses. HCM CITY — Banks have been steadily cutting deposit interest rates, which have reached around 8 per cent, a move aimed at reducing lending rates to support businesses. The highest […]
Read MoreCambodia exported $2,499 million worth of products to the United States in the first quarter of this year, an 11 percent decrease as compared to the same period last year, the US Census Bureau reported yesterday. The Kingdom imported $90 million worth of products from the world’s biggest economic power, a 10.9 percent decrease year-on-year. […]
Read MoreThe boiling hot weather in Thailand is causing an upsurge in electricity consumption, leading to a record high of 34,826.5 megawatts on May 6, says the Energy Regulatory Commission (ERC). The new record was reached at 9.41pm on Saturday, compared with 33,177.3MW at 2.30pm on April 28. Thailand is seeing new power consumption records during the […]
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