MANILA, Philippines — Prices of goods and services likely averaged at 4.4 percent last year, the same forecast as the Bangko Sentral ng Pilipinas (BSP), but inflation is expected to start decelerating this 2022. In its latest Market Call report, First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets […]
Read MoreJAKARTA: Indonesia’s annual inflation rate hit an 18-month high in December, reaching 1.87%, driven by rising prices of foodstuff and plane tickets, data issued by the country’s statistics bureau shows. A Reuters poll had expected a rate of 1.80% in December. The previous month’s inflation rate was 1.75%. Bank Indonesia is targetting inflation to be […]
Read MoreSINGAPORE – The growth in Singapore’s private home prices accelerated in the final quarter of last year, with a 5 per cent jump over the previous three months, underscoring the hot market that triggered December’s new property cooling measures. For the whole of 2021, prices surged 10.6 per cent, which is the highest annual growth […]
Read More[JAKARTA] Indonesia’s annual inflation rate hit an 18-month high in December, reaching 1.87 per cent, driven by rising prices of foodstuff and plane tickets, data issued by the country’s statistics bureau showed on Monday. A Reuters poll had expected a rate of 1.80 per cent in December. The previous month’s inflation rate was 1.75 per […]
Read MorePandemic developments remain complicated. Hundreds of thousand of businesses faced difficulties in 2021 after resuming production after lockdown. The General Statistics Office (GSO) reported that 52,000 enterprises had to suspend their business for certain periods in the first 11 months of the year, while 39,500 stopped operation and followed procedures for dissolution, and 14,900 completed […]
Read MoreThe baht opened at 33.24 to the US dollar on Tuesday, strengthening from the previous closing of 33.40. The Thai currency is likely to move between 33.15 and 33.30 during the day and between 33.00 and 33.50 during the week, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is likely to […]
Read More
Thailand
