THAILAND’S rate committee raised its key interest rate late last month and said further monetary tightening will be gradual and measured, but can be adjusted if necessary, minutes of the meeting showed on Wednesday. On Nov 30, the Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate by a […]
Read MoreKUALA LUMPUR: Malaysia’s natural rubber (NR) production decreased by 10.3 per cent to 31,795 tonnes in October 2022 from 35,460 tonnes in September 2022, according to the Department of Statistics Malaysia. NR output also declined year-on-year, down 26.3 per cent from 43,127 tonnes in October 2021. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said […]
Read MoreEntrepreneurs under the Federation of Thai Industries (FTI) plan to increase product prices by 5-12% if the government implements its plan to increase the power tariff between January and April next year. The current power tariff, which has been driven by a higher fuel tariff (Ft), stands at 4.72 baht per kilowatt-hour (unit). The Energy Regulatory […]
Read MoreMANILA, Philippines — The country’s trade gap continued to narrow in October as exports rose while imports grew at a slower pace, the Philippine Statistics Authority (PSA) said. Preliminary data released by the PSA yesterday showed the balance of trade in goods or the difference between the value of the country’s exports and imports amounted […]
Read MoreThe Royal Government of Cambodia has signed $602.03 million in new concessional loans with Developing Partners (DPs) in the third quarter of 2022, according to the latest Cambodia Public Debt Statistical Bulletin published by the Ministry of Economy and Finance. In the three quarters of this year, the government has signed $1,217.90 million in new […]
Read MoreThe Asian Development Bank (ADB) has raised its economic growth forecast for Vietnam this year to 7.5%, despite regional and global gloom, the bank said in a regular supplement to the Asian Development Outlook (ADO) 2022 released on December 14. In its ADO update for September, the bank forecast that the Vietnamese economy would expand […]
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Thailand
