Businesses were generally more optimistic about their performance in February 2023 compared to January 2023. This optimism was mainly driven by expectations of higher production due to higher demand; more incoming projects; commencement of new projects; as well as the 39th National Day. This was revealed in the latest Brunei Darussalam’s Business Sentiment Index (BSI) […]
Read MoreKUALA LUMPUR: Malaysia’s leading index (LI) decreased 0.6 per cent year-on-year (y-o-y) to 110.7 points in December 2022 against 111.4 points in December 2021, in anticipation that near-term growth momentum would ease, the Department of Statistics Malaysia (DoSM) said. The LI is used to predict economic upturns and downturns an average of four to six […]
Read MoreThailand is the world’s second-largest producer of bioplastic products, serving growing demand overseas thanks to plenty of raw materials to drive manufacturing, says the Thai Bioplastics Industry Association (TBIA). The country’s production capacity is 95,000 tonnes a year and manufacturers plan to increase the volume by 75,000 tonnes a year, said Viboon Pungprasert, president of TBIA. […]
Read MoreSINGAPORE’S industrial production fell for the fourth consecutive month in January, dropping by 2.7 per cent on the year and deepening from December 2022’s revised 2.6 per cent fall. This came as the key electronics sector reversed from the previous month’s rebound, Economic Development Board (EDB) data showed on Friday (Feb 24). January’s performance was […]
Read MoreMANILA, Philippines — The Board of Investments (BOI) is raising its investments registration target this year to P1.5 trillion, driven by strong investment approvals in the beginning of the year and the robust pipeline of investment leads. “Initially, we have set an already significant 37 percent growth target, or P1 trillion for 2023, but with […]
Read MoreNational Bank of Cambodia (NBC) and Bank of China on Wednesday discussed means to expand the cross-border payment between the two countries as well as develop transactions in other member states of the Association of Southeast Asian Nations (ASEAN), said a release. The central banking officials discussed the possibility of expansion with the group of […]
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