MANILA, Philippines — The country’s inflation rate eased for the fourth straight month in May due to slower increases in transport and food prices, the Philippine Statistics Authority (PSA) said. National statistician Dennis Mapa, in a briefing, yesterday said that headline inflation or the rate of increase in prices of goods and services slowed down […]
Read MoreZero-based budgeting (ZBB) is one of the policies included in the 23-point memorandum of understanding signed by leaders of eight political parties seeking to form a new coalition government following the general election. The Move Forward Party (MFP) proposed the implementation of ZBB to replace the current budgeting practice, arguing that the existing system does not respond […]
Read MorePETALING JAYA: The outlook for the consumer sector remains positive with robust retail trade projected following increased tourism activities and resilient demand for staple-related products. According to MIDF Research, retailers such as Aeon Co (M) Bhd, Padini Holdings Bhd, QL Resources Bhd, Fraser & Neave Holdings Bhd (F&N) should benefit from the upward trend in retail sales this year. The research […]
Read MoreSINGAPORE: Takings at the till rose for the third straight month in April, with the biggest increases coming from alcohol, cosmetics and toiletries as tourist arrivals grew, though overall sales continued to decelerate. Retail sales climbed 3.6% from the same month a year ago, cooling from the 4.5% increase seen in March, and a 12.6% […]
Read MoreManufacturers of medical gloves made from rubber latex can expect a continued decline in exports this year, following the easing of Covid-19 infections and a ban on gloves made from natural rubber by some countries, says the Office of Industrial Economics (OIE). The ban resulted from allergies to natural rubber. “Glove exports decreased significantly since last […]
Read MoreCambodia’s insurance industry recorded a total premium of 93.3 million U.S. dollars in the first quarter (Q1) of 2023, up 5.6 percent from 88.3 million dollars in the same period last year, a report showed on Tuesday. The growth was generated from 18 general insurers, 14 life insurers, seven micro-insurance companies and one reinsurance firm, […]
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