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Malaysia: Mixed set of results in 4Q22

PETALING JAYA: Corporate Malaysia delivered a set of mixed results in the fourth quarter of 2022 (4Q22), as the momentum of post-pandemic rebound began to dissipate. On the bright side, however, the 4Q22 earnings season had a positive undertone as there were lower earnings disappointments on a quarter-on-quarter (q-o-q) basis. In particular, sectors such as […]

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Thai exports expected to contract in first quarter

Thai exports are expected to contract in the first quarter, but they are likely to start recovering from the second quarter, according to the Commerce Ministry. Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department, said yesterday that the country’s exports in the first quarter of this year are still expected to be negative, partly […]

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Vietnam: Industrial production up 5.1% in February

During the period, the processing and manufacturing industry saw the most significant IIP drop with 6.9 per cent. The electricity generation and distribution sector followed it with 5.2 per cent and the mining industry with 3.8 per cent. Meanwhile, the water supply, waste-water treatment and management activities recorded an IIP increase of 2.3 per cent. HÀ NỘI — Việt Nam’s index of […]

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Cambodia, Vietnam cashew bodies ink pact to boost trade

To promote cooperation and further ease trade transactions, the Cashew nut Association of Cambodia (CAC) has signed a Memorandum of Understanding (MoU) with the Vietnam Cashew Association (Vinacas). The MoU was signed by Uon Siloth, President of the CAC, and Pham Van Cong, President of Vinacas, at Sheraton Saigon Hotel & Towers in Ho Chi […]

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Philippines: National QR code rolls out in July

MANILA, Philippines — BSP Deputy Governor Mamerto Tangonan said that all BSP-supervised financial institutions (BSFIs) as well as payment service providers (PSPs) are required to comply with BSP Circular 1055 on the adoption of a national QR code standard or QR Ph. The BSP, Tangonan said, issued Resolution 216 on the adoption of QR Ph […]

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