MANILA, Philippines — The slowdown in inflation last month is unlikely to be sustained as oil prices continue to go up even as food costs have eased, a global think tank said. In its latest data wrap, UK-based Pantheon Macroeconomics said it sees the lower March inflation as a temporary reprieve. Headline inflation, the rate […]
Read MoreKUALA LUMPUR (April 8): The recent dip in Malaysian bond yields presents an opportunity for issuers and corporates to ensure long-term debts are refinanced, said RHB chief economist Dr Sailesh Kumar Jha. This is as yields are expected to rise further, tracking higher US Treasury yields and in line with the anticipated market adjustments after […]
Read MoreThe International Monetary Fund (IMF) has forecast a 3.1 percent increase in Cambodia’s consumer prices for 2021 as the economy recovers from last year’s downturn. Its World Economic Outlook, which was released on Tuesday in Washington, includes a number of pertinent forecasts for the Kingdom. Among them are projections for consumer prices to rise by […]
Read MoreSINGAPORE, April 8 — Business sentiment among Singapore’s small — and medium-sized enterprises (SMEs) is at its highest since the start of the Covid-19 pandemic, as economic activities worldwide have largely resumed. With Singapore’s economy on the path of recovery, most SMEs are also looking beyond keeping their business afloat, and towards expansion and hiring. […]
Read MoreThe baht opened at 31.38 to the US dollar on Thursday, weakening from its close of 31.36 on Wednesday. The Thai currency is likely to move between 31.35 and 31.45 during the day, Krungthai Bank market strategist Poon Panichpibool said. He mentioned that the new wave of Covid-19 in Thailand was the key problem this […]
Read MoreVietnam will lure more foreign investment in the high-tech industry by offering more incentives and amending requirements for high-tech businesses. Vietnam’s high-tech industry has seen a new investment wave. Last week, the northern coastal province of Quang Ninh held a ceremony to grant a licence for Jinko Solar Technology Ltd of Hong Kong to invest in a photovoltaic cell […]
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