January inflation at 1.6% with demand pressures muted Price pressures remained subdued in early 2021 with demand pressures muted by the ongoing economic recession and January inflation settling at 1.6%, slightly below market expectations. Economic activity slowed further in January after a spate of natural calamities while a spike in Covid-19 infections forced the authorities […]
Read MoreThe Investor Confidence Index (ICI) survey for January, which measures February to April 2021, remains in the bullish zone for the second consecutive month, spurred by the prospect of Covid-19 vaccines, foreign inflows and higher earnings among listed companies. The index rose by 1.5% to 132.55 from December’s 130.63, according to the monthly survey by […]
Read MoreMANILA, Philippines — Reissued 10-year Treasury bonds (T-bonds) yesterday fetched higher rates amid expectations of an elevated inflation figure in January, the Bureau of the Treasury (BTr) said. The BTr fully awarded P30 billion worth of securities maturing in nine years and five months at an average rate of 3.066 percent, 34.2 basis points higher […]
Read MoreThe Council for the Development of Cambodia (CDC) has announced that four new projects worth a total of $16.2 million were approved over the weekend. Among the companies given the go-ahead were Taperite Plastic Co Ltd, Xin Yunfeng (Cambodia) Fashion Co Ltd, Unicorn Footwear Co Ltd and Laurence Footwear Co Ltd. The investment projects cover […]
Read MorePETALING JAYA: Malaysia is highly dependent on carbon-intensive industries and this poses growing risks to the country’s aim to embrace environmental, social and corporate governance (ESG) standards. As more international funds are factoring in sustainability and societal impact as part of their investment decisions, the government and businesses in Malaysia will need to speed up […]
Read MoreMANILA, Philippines (UPDATE 7:56 a.m., Feb. 3) — Soured consumer loans held by banks soared to their highest level in nearly a decade as of the third quarter last year, as several households struggled to pay debts after a pandemic-induced recession threw job markets into turmoil. From January to September last year, P167.8 billion consumer loans were […]
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Thailand
