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Philippines: Inflation likely picked up anew

Based on poll of bank economists MANILA, Philippines — Inflation likely accelerated for the second straight month in November due to higher oil prices as well as an uptick in food prices due to the damage caused by the typhoons, according to bank economists. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, […]

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Philippines: Domestic trade sinks 62% in Q3

MANILA, Philippines — Trading of commodities in the country suffered a steep decline in the third quarter due to the continued restrictions on mobility and weaker demand from consumers, the Philippine Statistics Authority (PSA) said. Preliminary results of the Domestic Trade Statistics in the Philippines showed that the total volume of goods traded within the […]

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Myanmar and India to boost collaboration in trade

U Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest.  He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture, textile, transportation, and banking and […]

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Malaysia: Millennials have it tough

PETALING JAYA: Most millennials, or 74%, in Malaysia are struggling to meet day-to-day expenses and are borrowing more compared with other age groups since the onslaught of the Covid-19 pandemic. They also find it hard to control their bank balances compared with people over the age of 45. Some of the millennials (about 23%) have […]

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