KUALA LUMPUR: Malaysia’s Consumer Price Index (CPI) slipped 1.7 per cent year-on-year (y-o-y) to 120.0 in November 2020 from 122.1 recorded in the same month in 2019, said the Department of Statistics Malaysia (DOSM). In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the lower CPI to the decline in several […]
Read MoreFighting the pandemic and keeping the ailing economy going have been almost insurmountable tasks for Thailand this year. The Bank of Thailand has forecast a GDP contraction of 7.8% in 2020, crucially weighed down by the outbreak. After wading through the first lockdown and fending off new local infections for months, a sudden spike in […]
Read MoreThe Hanoitimes – Given uncertainties surrounding the US – China relations and the serious Covid-19 situations globally, Vietnam has become a logical choice in the eyes of investors. In 2020, Vietnam has emerged as a favorite destination for a shift in global investment capital, so the question now is whether the country can fully grasp this […]
Read MoreSINGAPORE – The decline in core consumer prices and overall inflation eased last month, according to data released by the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) on Wednesday (Dec 23). Core inflation, which excludes accommodation and private road transport costs, came in at minus 0.1 per cent year […]
Read MoreKUALA LUMPUR: Malaysia is ranked fifth among 17 other developing countries according to a Bloomberg study that gauges their outlook for 2021 based on 11 indicators of economic and financial performance. In the study, Malaysia is ranked ahead of other Asean countries such as the Philippines (ranked 10) and Indonesia (ranked 12). Thailand (ranked No. […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas may keep a low interest rate environment until end-2022 to help the country fully recover from the impact of the pandemic, BSP Governor Benjamin Diokno said. In an interview with Bloomberg Television, Diokno said the BSP still has some monetary space available despite cutting the benchmark rate […]
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