JAKARTA : Indonesia’s export growth likely accelerated in February due to high commodity prices, as the conflict between Ukraine and Russia fueled fears of supply squeezes and as authorities in Jakarta lifted a ban on coal exports, a Reuters poll showed. The Southeast Asian country’s trade surplus is expected to widen to $1.66 billion in […]
Read MoreThe Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic. Thailand saw its consumer price index, a gauge of headline inflation, surge 5.28% in February from a year earlier, driven […]
Read MoreKUALA LUMPUR, March 14 — Malaysia’s total trade for January 2022 surged 24.8 per cent year-on-year (y-o-y) to RM203.0 billion, with exports soaring 23.5 per cent to RM110.7 billion and imports climbing 26.4 per cent to RM92.3 billion. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said exports of electrical and electronics (E&E) products amounted […]
Read MoreTHE increase in additional buyer’s stamp duty (ABSD) rates for foreigners and property investors could cause Singapore’s luxury residential market to lose some steam this year, following buoyant volumes and prices in 2021, CBRE analysts said. The Good Class Bungalow (GCB) segment enjoyed a banner year in 2021 as volumes and prices climbed to fresh […]
Read MoreThe sky is “open” and the tourism industry will have to be ready with new requirements from visitors. It is a strategy that requires the cooperation of many stakeholders in the industry. The news that Vietnam will reopen all international air routes from March 15 is considered the hottest event for the tourism industry because […]
Read MoreMANILA, Philippines — New York-based think tank Global Source Partners Inc. expects inflation to accelerate and breach the two to four percent target set by the Bangko Sentral ng Pilipinas (BSP) due to soaring global oil and food prices, as well as the weakening peso. Former finance undersecretary Romeo Bernardo, country analyst at GlobalSource, said in a […]
Read More
Thailand
