KUALA LUMPUR: Malaysia’s economy grew 7% in the fourth quarter of 2022, slightly under half the double-digit growth of 14.2% in the previous quarter, amid the waning impact of stimulus measures and the low-base effect. Bank Negara said private sector activity remained the key driver of growth, supported by private consumption and investment. “The continued […]
Read MoreThe metaverse, climate, inclusivity, commerce and health consciousness are the five major consumer trends to watch this year, says Wunderman Thompson Thailand, a marketing communications agency. “Despite some continued economic difficulties, Thais already have a sense of renewed hope with key improvements in the tourism sector to fuel the economy,” said Maureen Tan, chief executive of Wunderman […]
Read MoreThe average value of Riel between buy and sale in the domestic foreign exchange market fell 0.6 percent to 4,115 riel per dollar in November 2022 from 4,140 riel per dollar in October, while the official exchange rate declined slower by 0.46 percent to 4,122 riel per dollar from 4,141 riel per dollar, according to […]
Read MoreThe benchmark interest rates of the Bangko Sentral ng Pilipinas (BSP) could rise by as much as 50 basis points (bp) or 0.5 percentage point (ppt) next week as the unexpected acceleration in inflation last month suggests that the rate of increase in prices of goods and services has not yet peaked. In a commentary, […]
Read MoreThe amendments to the PIT law would be studied and considered carefully to ensure the consistency with the tax system reform strategy to 2030, appropriateness to the socio-economic context, income and living standards of the people. HÀ NỘI — It is pressing for Việt Nam to amend the Law on Personal Income Tax (PIT) as […]
Read MoreSINGAPORE – Real income growth remains muted, but sky-high inflation may have peaked, experts say. They were speaking to The Straits Times on 2022 household income figures released by the Singapore Department of Statistics (SingStat) on Thursday. Median monthly household income from work rose 0.2 per cent in real terms, or after adjusting for inflation, in 2022. […]
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