By Aradhana Aravindan SINGAPORE (Reuters) – Singapore could return to a small budget surplus in 2022 as the economy recovers from the COVID-19 pandemic, with the government turning its focus to rebuilding public finances and an imminent tax hike after two years of unprecedented spending. SINGAPORE (Reuters) – Singapore could return to a small budget […]
Read MoreUOB expects greater differentiation on foreign flows dynamics in emerging markets including Malaysia for 2022, despite overseas investors continuing to pile into Malaysia capital markets in January. This comes as most regional central banks’ patience on rates to sustain growth recovery went against hawkish pivots by both the US Federal Reserve and European Central Bank […]
Read MoreKUALA LUMPUR, Feb 11 (Reuters) – Malaysia’s economy returned to growth in the fourth quarter of 2021, expanding 3.6% from a year earlier, the central bank said on Friday, as economic activity resumed following the easing of coronavirus curbs. Economists polled by Reuters had expected Southeast Asia’s third-largest economy to grow 3.3% in the October-December […]
Read MoreCambodia’s economy has seen marked growth in the last two decades with seven percent GDP growth, as various sectors such as housing construction, and the real estate sector continue to flourish. According to the 2022 forecast, the Cambodian economy will receive a five percent contribution from these sectors. The continuous growth in the construction sector […]
Read MoreMANILA, Philippines — The Philippines is expected to continue importing rice this year, with shipments expected to reach as much as 2.9 million metric tons (MT). In a report by its Foreign Agriculture Service, the United States Department of Agriculture (USDA) revised upward its rice import forecast for the Philippines to 2.9 million MT, higher […]
Read MoreAccording to several economic experts, this tax reduction is anticipated to help reduce service costs, thereby stimulating consumption, promoting production and business, whilst also creating additional jobs for workers. To control the CPI growth rate at approximately 4% in 2022 according to the target set by the National Assembly the price management should continue to […]
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Thailand
