A RESURGENCE of Covid-19 cases in Indonesia would hamper marketing sales growth for property developers there in FY2022, with the sector appearing most vulnerable to the impact of a new wave of infections, research firm CreditSights has said in a report. This is because tighter movement and operating restrictions are likely to hinder prospective customers […]
Read MoreA shift in Vietnam’s Covid-19 strategy to safe and flexible adaptation to the pandemic was the main factor behind positive economic performance during the month. New business registration in Vietnam surged by nearly 45% in November against the previous month to 11,902, which shows the positive recovery of economic activities one month after the country’s […]
Read MoreKUALA LUMPUR: The Producer Price Index (PPI) for local production surged 13.2 per cent year-on-year (y-o-y) in October 2021 to hit a new record high, mainly due to higher commodity prices, said the Department of Statistics Malaysia. The index, which measures the costs of goods at ex-factory prices in the local economy and indicates the […]
Read MoreThe Bank of Thailand has been closely monitoring the Covid-19 Omicron variant and could revise the country’s economic growth rate this month in line with a recovery trend. While the central bank has been watching the new variant, it said it will need time to gather enough information for a full analysis of its effects. […]
Read MoreMANILA, Philippines — Inflation likely eased back to within the two to four percent target of the central bank for the first time this year, averaging 3.7 percent in November, according to Bangko Sentral ng Pilipinas Governor Benjamin Diokno. Diokno said the BSP sees inflation settling within 3.3 to 4.1 percent in November after averaging […]
Read MoreCambodia has urged Indonesia to resume direct flight connection with Cambodia to facilitate mutual vaccination tourism movement in the near future. Sok Sangvar, Undersecretary of State at the Ministry of Tourism who represented Tourism Minister at a Famtrip themed “Exploring the Land of Sunda” at the Embassy of Indonesia to Phnom Penh last weekend, expressed […]
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