The consumer price index (CPI), a gauge of headline inflation, decelerated in July from the previous month because of government subsidies for utilities, tuition and education fees to alleviate the impact of the prolonged Covid-19 outbreak. The Commerce Ministry reported yesterday inflation was 0.45% in July after tallying 1.25% in June, 2.44% in May and […]
Read MoreThe United Nations Development Program (UNDP) has identified Cambodia as the fourth largest cassava grower in Asia and the 10th largest in the world. Growing, harvesting, processing and exporting cassava is a key to increasing employment and maintaining the livelihoods of thousands of families, and it is also a major source of income for farmers. […]
Read MoreSlides back to within government target MANILA, Philippines — Inflation further eased in July, sliding back to within the government target for the first time this year, as transport prices decelerated, but rising costs of some items in the food basket are fueling concerns this would affect prices in the coming months. Headline inflation, the […]
Read MoreKUALA LUMPUR: Malaysia’s socio-economic landscape was devastated in 2020, as every state in the country posted negative economic growth as a result of the Covid-19 outbreak, said the Statistics Department. Nevertheless, eight states still managed to perform better than the 5.6% gross domestic product (GDP) contraction recorded at the national level. These states are Labuan, […]
Read MoreNearly half of businesses expect normal Thai life to resume in the first quarter of next year, according to a Bank of Thailand survey. The business sentiment index, which was conducted from July 1-22 on 260 businesses of all sizes, found 45% of respondents expect public confidence in spending life outside the home, including travelling […]
Read MoreRecord-high sea freight rates have seen shipping companies produce positive second-quarter earnings reports. The VN-Index gained 41.22 points last week, or 3.25 per cent to close at 1,310.05 points after three consecutive weeks of decline. Total trading value on the Ho Chi Minh Stock Exchange (HOSE) fell 7.3 per cent to VND84.9 trillion (US$3.7 billion). […]
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