MANILA, Philippines — The country’s manufacturing sector had a good start to the year as it continued to grow, hitting a seven-month high in January due to stronger demand for goods. In a report released yesterday, international market intelligence firm S&P Global said the purchasing managers’ index (PMI) in the Philippines rose to 53.5 in […]
Read MoreJAKARTA: Indonesia’s January inflation cooled to its slowest rate in five months, but remained above the central bank target, official data show. The headline annual inflation rate in January was 5.28%, compared to the 5.40% expected by economists polled by Reuters. The rate also eased compared to 5.51% in December and was the lowest since […]
Read MorePrime Minister Hun Sen lauded the General Department of Taxation (GDT) for its efforts in collecting tax revenue that exceeded the budget plan in 2022, adding that the increased tax revenue contributed to the national economic development. The Prime Minister made the remarks during his message to GDT general director Kong Vibol. According to a […]
Read MoreOverpriced taxi services are the leading complaint among foreign tourists, along with poor garbage management and facilitation at the airport, according to the Tourism Council of Thailand (TCT). TCT’s quarterly survey, which polled 200 Western tourists in Thailand during the final quarter of 2022, showed satisfaction with taxi services received the lowest score of 3.5 out of […]
Read MorePETALING JAYA: Job platform foundit, previously known as Monster, expects labour market in Malaysia to continue expanding in the coming months, following the month-on-month growth shown by its foundit Insights Tracker (fit). Based on fit, the local e-recruitment activity grew at a robust 21% year-on-year (y-o-y) in December 2022, following the easing of travel restrictions […]
Read MoreTOKYO: Asia’s factory activity contracted in January as the boost from China’s Covid reopening had yet to offset headwinds from slowing US and European growth, surveys show, underscoring the fragility of the region’s economic recovery. A private sector survey showed that China’s factory activity shrank more slowly in January after Beijing lifted tough Covid curbs […]
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