WEIGHED down by negative sentiment in the manufacturing and wholesale trade sectors, the Singapore Commercial Credit Bureau’s (SCCB) business optimism index (BOI) for Q2 2023 fell further to +4.6 percentage points from +4.73 percentage points the previous quarter, and from +5.35 percentage points for Q2 2022. SCCB is a subsidiary under credit and risk information […]
Read MoreIn the context of weak domestic steel demand and rising costs pushing up global commodity prices, the selling prices of finished steel are increasing slower than the prices of input materials. HÀ NỘI — The high prices of raw materials have caused domestic steel companies to increase selling prices many times to compensate for production […]
Read MoreVietnam has launched a project to repair and expand roads connecting its central region to the neighboring countries of Laos, Cambodia, and Thailand. Viet Nam News reports that the project is expected to cost USD 76 million and it will upgrade roads in the central province of Quảng Nam and the Central Highlands of Vietnam that connect […]
Read MoreThe baht on Monday surged against a significant fall in the US dollar mainly due to the sudden collapse of Silicon Valley Bank (SVB) and the market’s expectation that the US Federal Reserve (Fed) would slow down its policy rate hikes. On Monday, the baht opened at 34.65 per dollar, after closing at 35.02 last week. […]
Read MoreKUALA LUMPUR: Malaysia saw a 3.6 per cent fall in natural rubber (NR) production to 29,451 tonnes month-on-month (m-o-m) in January 2023 from 30,556 tonnes in December 2022, said the Department of Statistics Malaysia (DoSM). In its monthly rubber statistics released today, DoSM said NR production shrank 39.3 per cent in January 2023 from 48,546 […]
Read MoreMANILA, Philippines — The country’s trade deficit continued to widen in January, as the country’s prized exports posted huge declines, which an analyst noted crimped the peso’s ascent at the start of the year. Data released by the Philippine Statistics Authority on Tuesday showed the trade deficit expanded 27.2% year-on-year to $5.74 billion in January. A […]
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Thailand
