MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) sees the possibility of a smaller rate hike next month as inflation likely eased in February from a fresh 14-year high of 8.7 percent in January. BSP Governor Felipe Medalla, in an interview with reporters on the sidelines of the Bankers Night 2023 last Friday, said […]
Read MoreCambodia’s export to South Korea has increased significantly thanks to the bilateral free trade agreement, which was put into force last December. Cambodia exported some 44.3 million worth of goods to South Korea in January this year, 39.7 percent compared to January last year, the Korea International Trade Association’s report said last week. Import from […]
Read MoreViệt Nam is very likely to benefit from the upward trend in rice prices which is fueled by limited supplies and a shift away from the Indian supply. HÀ NỘI — Decreasing input costs as Europe eases sanctions against Russia and increased fertiliser supply will benefit rice export businesses, said Vietcombank Securities Company (VCBS). A […]
Read MoreThe value of Indonesia’s nickel exports surged tenfold in five years after it forced buyers to set up refineries in the country. Now Southeast Asia’s biggest economy plans to use that blueprint to vault nto the ranks of higher-income economies by processing everything from copper to fish. The goal is to double per-capita gross domestic product […]
Read MorePETALING JAYA: While inflation appears to remain sticky in many countries, Malaysia’s headline inflation in January fell for the fifth straight month to 3.7% year-on-year (y-o-y), amid the implementation of the Festive Season Maximum Price Scheme for the Chinese New Year starting from Jan 15 to Jan 29. The weaker figure, economists think, will allow […]
Read MoreSINGAPORE’S services industries recorded a 10.9 per cent year-on-year rise in business receipts in the final quarter of 2022, easing from the revised 15.9 per cent growth rate in Q3, data from the Department of Statistics (Singstat) indicated on Monday (Feb 27). On a non-seasonally adjusted quarterly basis, business receipts were up 2.9 per cent […]
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Thailand
