Input cost inflation is the main concern for the second half of 2021. While the expansion of the consumer price index (CPI), seen as a gauge for inflation, remained under control, growing prices of input materials and heating up economic activities are factors that could increase inflationary pressure on the remaining months of the year. […]
Read MoreEquity markets tumbled in Asian trade Tuesday following steep losses on Wall Street as investors grow increasingly worried about a surge in inflation that could force central banks to wind back their ultra-loose monetary policies earlier than forecast. All eyes are on the release this week of crucial data on US retail sales and consumer […]
Read MoreVietnamese firms invested $545.9 million in overseas projects in the first four months of 2021, a year-on-year rise of 7.9-fold, according to Vietnam’s Ministry of Planning and Investment. Cambodia secured $89.1 million in these investments from Vietnam, ranking second in terms of the total investments announced for the first four months. There were 18 new […]
Read MoreMANILA, Philippines (UPDATE 1 11:50 a.m., May 11) — The Philippines stayed in recession in the first quarter as expected, making official intuitions that once Southeast Asia’s fastest growing economy would crawl back to prosperity in the face of soaring prices, more infectious coronavirus variants and sluggish vaccinations. Gross domestic product (GDP) shrank 4.2% year-on-year from January to […]
Read MoreKUALA LUMPUR: A blanket loan moratorium may not be the best solution for borrowers following the re-imposition of the Movement Control Order (MCO) nationwide; instead they should approach banks to help them meet their debt obligations, Bank Negara Malaysia (BNM) said. Governor Datuk Nor Shamsiah Mohd Yunus said all banks already have their payment assistance […]
Read MoreThere has been a positive shift in Vietnam’s rice export structure towards a focus on fragrant rice products with higher quality and price, stated the country’s food association. Vietnam is set to remain the world’s second largest rice exporter in 2021 with 6.4 million tons, an increase of 233,000 tons compared to last year. The […]
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Thailand
