MANILA, Philippines — Factory gate prices picked up faster in February, as increments were recorded in majority of the industry groups, the Philippine Statistics Authority (PSA) said. Latest data from PSA showed the Producer Price Index (PPI) for February accelerated to 4.4 percent, faster than the four percent in January. In the same month last […]
Read MoreDollarisation often results from a deeper problem — macroeconomic instability. And once dollarisation takes root, it is often difficult to dislodge… To understand what form further de-dollarisation might take in Cambodia, it’s worth taking a look back at what that ‘deeper problem’ was in the Cambodian context For economists, government finance officials, and bankers, the […]
Read MoreSINGAPORE’S international visitor arrivals picked up in February from a month ago as the city-state resumed reopening its borders after a pause due to the Omicron Covid-19 wave. Around 67,760 visitors touched down in February, 18.5 per cent more than the 57,170 in the month prior, according to the latest Singapore Tourism Board (STB) figures. […]
Read MoreIn the year to March 20, Vietnam had attracted US$8.91 billion in foreign investment, down 12.1% year-on-year. However, the disbursed foreign investment had reached the highest level since 2018, according to the General Statistics Office. The foreign investment disbursement was put at US$4.42 billion in the first quarter of this year, rising 7.8% over the […]
Read MoreFuel consumption in Thailand is on the rise again after a decline last year caused by the pandemic. Demand for fuel increased by 13.9% to 153 million litres per day in the first two months of 2022, according to the Department of Energy Business. The uptick was attributed mainly to the easing of lockdown measures, […]
Read MoreKUALA LUMPUR, March 31 ― The ringgit has extended its upward momentum against the greenback, as the US dollar retreated amidst concerns over the United States’ (US) gross domestic product (GDP) data which revealed a lower-than-expected reading, said an analyst. At 9am, the local currency strengthened to 4.2015/2050 against the greenback from 4.2030/2055 at yesterday’s […]
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Thailand
