Vietnam is predicted to record a rise of 6.6% in industrial production in 2023, according to S&P Global Market Intelligence. S&P Global noted the Vietnamese manufacturing sector continued to face challenging business conditions in the opening month of 2023. Production and new orders continued to decline. That said, there were some signs of improvement in […]
Read MoreResidents, markets, and restaurants of Laos struggle to afford meat, particularly pork and beef, as prices continue to rise. According to a report by the Laos Statistics Bureau, pork prices increased from LAK 49,985 per kilogram in January to LAK 70,366 per kilogram in December of last year – a 40 percent increase. For addition, beef […]
Read MorePETALING JAYA: Malaysia’s manufacturing purchasing managers’ index (PMI) dipped to 46.5 in January 2023 from 47.8 in December 2022, “indicating a stronger moderation in the health of the sector,” says S&P Global. S&P Global Market Intelligence economist Usamah Bhatti said there were further signs in January that economic conditions in Malaysia remained muted, as challenging […]
Read MoreThailand has set a rice export target for this year of 7.5 million tonnes, slightly lower than the 7.69 million tonnes exported in 2022. According to Ronnarong Phoolpipat, director-general of the Foreign Trade Department, following consultation with the Thai Rice Exporters Association, the department found global demand for Thai rice remains strong this year. He said […]
Read MoreMANILA, Philippines — The country’s manufacturing sector had a good start to the year as it continued to grow, hitting a seven-month high in January due to stronger demand for goods. In a report released yesterday, international market intelligence firm S&P Global said the purchasing managers’ index (PMI) in the Philippines rose to 53.5 in […]
Read MoreJAKARTA: Indonesia’s January inflation cooled to its slowest rate in five months, but remained above the central bank target, official data show. The headline annual inflation rate in January was 5.28%, compared to the 5.40% expected by economists polled by Reuters. The rate also eased compared to 5.51% in December and was the lowest since […]
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