KUALA LUMPUR: The sharp increase in the Brent crude oil price to more than US$100 per barrel compared to the estimated oil price of US$66 per barrel when Budget 2022 was tabled will be a net positive for the government, but fiscal reforms are more pertinent as oil prices may not remain at current rates […]
Read MoreJAPAN’S Nomura Holdings Inc. has trimmed its Philippine growth forecast for this year to 6.3 percent from 6.8 percent, pointing to fallout from Russia’s ongoing invasion of Ukraine. “We cut our GDP (gross domestic product) growth forecast… further below the government’s range of 7 [to] 9 percent,” Nomura economists Euben Paracuelles and Rangga Cipta said […]
Read MoreDEVELOPERS in Singapore sold 527 new private homes in February, down 22.5 per cent from January’s 680 units, data from the Urban Redevelopment Authority (URA) showed on Tuesday (Mar 15). Including executive condominiums (ECs), which are a public-private housing hybrid, last month saw 559 units moved, down 23.6 per cent from January. Tuesday’s data was […]
Read MoreVietnam is poised to welcome international travellers on Tuesday but a lack of clarity on the rules of a wider reopening while the coronavirus is still rampaging is causing confusion. It remains unclear what kind of quarantine and testing rules the Southeast Asian nation will impose on foreign visitors when it reopens after a two-year […]
Read MoreThe race to expand the logistics market share is getting hot when foreign businesses have continually been pouring capital into and scaling up their operations in Vietnam, Dau tu (Vietnam Investment Review) reported. The race to expand the logistics market share is getting hot when foreign businesses have continually been pouring capital into and scaling […]
Read More[JAKARTA] Indonesia recorded a US$3.82 billion trade surplus in February, the highest in four months and beating expectations, as rising commodity prices boosted exports and imports rose more slowly than anticipated, official data showed on Tuesday. A Reuters poll had expected a US$1.66 billion surplus after the country reported a US$930 million surplus in January. […]
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Thailand
