KUALA LUMPUR, March 13 — Malaysia’s wholesale and retail trade grew 12.4 per cent year-on-year (y-o-y) in January 2023 to record monthly sales value of RM135.1 billion, the Department of Statistics Malaysia (DoSM) said. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase was attributed to the retail trade sub-sector, which recorded an […]
Read MoreIndonesia needs to raise its economic growth to an average of 6% annually to maintain the right pace to become the world’s fifth-biggest economy by 2045. Jakarta (VNA) – Indonesia needs to raise its economic growth to an average of 6% annually to maintain the right pace to become the world’s fifth-biggest economy by 2045. Former finance minister […]
Read MoreInternet penetration and social media use increased in Laos in 2023, with internet speeds increasing and more adoption of mobile phones. Meltwater and We Are Social have revealed their joint global digital overview report for 2023, releasing digital information and data across the world, including Laos. The population around the world using the internet has surged to 5.16 […]
Read MoreMANILA, Philippines — Japanese investment bank Nomura expects the Philippines’ terminal rate hitting 6.75 percent, as stubbornly high inflation would prompt the Bangko Sentral ng Pilipinas (BSP) to deliver more interest rate increases. Nomura chief ASEAN economist Euben Paracuelles and analyst Rangga Cipta said the bank has raised its inflation forecast for the Philippines to […]
Read MoreTravellers are set to come out in fuller force across the Asia-Pacific region this year, though still-high inflation and structural hurdles likely will leave the critical industry still far from pre-Covid levels. Tourist arrivals across the region should reach about half of their 2019 levels, with a full recovery to pre-pandemic norms pushed back to 2025 […]
Read MoreKUALA LUMPUR, March 13 — Malaysia’s Industrial Production Index (IPI) growth moderated to 1.8 per cent in January 2023 against 2.9 per cent in the preceding month, weighed down partly by a slower growth in manufacturing output, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Mohd Uzir Mahidin said the manufacturing sector’s […]
Read More
Thailand
