With the internal strength of the currency and the central bank’s flexible management, the VND is expected to depreciate by a maximum of 3% in 2022. The Vietnamese Dong (VND) has devalued by 2.21% against the US dollar compared to late 2021, but remained the most stable currency in the region, according to the Bao […]
Read MoreThe country’s total trade was valued in March was valued at BND2,501.8 million, an increase by 36.1 per cent from BND1,838.0 million during the same month last year, according to the latest International Merchandise Trade Statistics (IMTS) for Brunei Darussalam. The report, published by the Department of Economic Planning and Statistics (DEPS), also said for […]
Read MoreINDONESIA’S economy grew more than 5 per cent last quarter, thanks to robust trade and domestic demand. Gross domestic product (GDP) grew 5.44 per cent in the 3 months to June from a year ago, the statistics bureau said in Jakarta on Friday (Aug 5). That is faster than the median estimate of 32 economists […]
Read MoreSINGAPORE’S retail sales grew at a slower pace in June, but still logged a double-digit increase owing to the low base last year. Total retail sales expanded 14.8 per cent year on year, easing from the 17.8 per cent increase in May, according to the Department of Statistics Singapore (SingStat) on Friday (Aug 5). Excluding motor […]
Read MoreThe Asian Development Bank revised its GDP growth projections for Southeast Asian countries in 2022 to 5 percent, slightly up from its earlier estimates of 4.9 percent. The bank, which maintained the forecast for 2023 at 5.2 percent, made its observations regarding the economic performance of Asean Countries in its Asian Development Outlook Supplement for […]
Read MoreBANGKOK: Thailand’s headline inflation rate slowed in July for the first time this year, helped by government support measures, but the pace was still near a 14-year high, reinforcing a view of an interest rate hike next week. The headline consumer price index (CPI) rose 7.61% in July, driven by high energy prices, commerce ministry […]
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Thailand
