The insurance sector in Cambodia logged more than $28 million in premiums in May this year, a 20 increase compared to the same month in 2022. The growth was driven by 18 general insurers, 14 life insurers, seven micro-insurance companies, and one reinsurance firm. The gross premium of the general insurance market in May this […]
Read MoreTEMPO.CO, Jakarta – Central Bureau of Statistics (BPS) notes that the year-on-year inflation rate in the June 2023 period had decreased to 3.52 percent. This marks the lowest rate it has ever reached since April 2022. “June inflation reached 3.52 percent, lower than April 2022 at 4.35 percent and kept showing a downward trend since March 2023,” Pudji Ismartini, Deputy […]
Read MorePETALING JAYA: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) fell slightly to 47.7 in June from 47.8 in May to indicate a tenth consecutive moderation in operating conditions that was the strongest since January. “The latest reading suggests that the weaker trends in official data for manufacturing production and gross domestic […]
Read MoreThe Monetary Authority of Singapore (MAS) is considering a stringent trust requirement on crypto exchanges, requiring them to shift customer assets into trusts by the end of 2023. MAS is also contemplating banning crypto lending and staking for retail investors, aiming to secure investor funds amid the high-risk and speculative nature of the market. Amid […]
Read MoreMANILA, Philippines — Philippine manufacturing activity in June posted its weakest expansion in nearly a year, as growth in production and new orders eased, according to S&P Global Market Intelligence. In a statement yesterday, S&P Global Market Intelligence said the Philippines Manufacturing Purchasing Managers’ Index was at 50.9 in June, down from 52.2 in May. […]
Read MoreKUALA LUMPUR, MALAYSIA – Media OutReach – 4 July 2023 – The Monetary Policy Committee of the Bank Negara Malaysia (BNM) will meet on 5–6 July to make a decision on monetary policy. OctaFX experts anticipate a 25 basis points increase in the interest rate, bringing it to 3.25%. This article delves into the factors influencing this […]
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Thailand
