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Thailand: Smartphone sales down 20% in first quarter

Thailand’s smartphone sales declined by 20% year-on-year in the first quarter, compared to a global fall of 14.6% in the same period, mainly due to a sharp drop in the low-end smartphone segment, according to analysis from market research firm IDC Thailand. However, Apirat Ratanavichit, a market analyst at IDC Thailand, the local unit of global […]

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Philippines: Debt hits record-high P13.9 trillion in March

MANILA, Philippines — The country’s outstanding debt increased to P13.86 trillion in March, hitting a fresh new high yet again, with the Marcos administration already adding over P1 trillion since it took office. Latest data from the Bureau of the Treasury showed that the national debt reached P13.86 trillion by end-March, up by 0.8 percent […]

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Malaysia: Services producer price index up

KUALA LUMPUR: Malaysia’s services producer price index (SPPI) rose 3.4% year-on-year (y-o-y) to 114.7 points in the first quarter of 2023 (1Q23) from 110.9 points in the same quarter last year as most sub-sectors recorded an increase of prices during the quarter under review. Chief statistician Datuk Seri Mohd Uzir Mahidin said among the sub-sectors, […]

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Cambodia: Footwear exports slip 23% y-o-y to $323.8M in Jan-Mar

Cambodian exported “footwear, gaiters and the like; part of such articles” to the tune of $323.757 million in the first quarter of this year, down 23.18 per cent year-on-year (y-o-y) from $421.443 million, as indicated by provisional Customs (GDCE) data, in a downturn analysts claim could persist throughout the second quarter. This category of items, […]

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