The CPI in July 2019 decreased by 0.5 per cent year-on-year compared to July 2018. Prices of Food and Non-Alcoholic Beverages decreased by 0.6 per cent. Non-Food prices also decreased by 0.5 per cent. The CPI decrease was largely attributed to decreases in the prices and costs of Transport (4.2 per cent); Housing, Water, Electricity, […]
Read MoreAnother day, another technology to consider. In recent years, the buzz has been all about blockchain, which was created initially to support bitcoin and other cryptocurrencies that operate independently from central banks. Blockchain, also known as distributed ledger technology (DLT), is valued for its ability to publicly validate, record and distribute transactions in unhackable encrypted […]
Read MorePETALING JAYA: The move to hold the key benchmark rate unchanged may attract foreign capital flows into Malaysian bonds but much will be dictated by external headwinds after the latest data showed lower foreign holdings of local bonds. Economists and bond analysts concurred that global monetary easing would see capital flows into emerging markets, including […]
Read MoreThe Hanoitimes – Further underpinning the Vietnamese positive consumer outlook in 2019 is the fact that minimum wage growth continues, albeit at a slower rate. Although slightly cooling this year, private consumption growth in Vietnam will remain robust, helping the country become one of the most promising consumer markets in Asia Pacific, experts have forecast. According […]
Read MoreMANILA, Philippines — The country’s current account (CA) deficit would continue to widen until 2021 due to strong import growth, according to Fitch Ratings. The debt watcher said the subdued export performance and generally strong import growth in 2020 and 2021 would keep the CA in a deficit of between 2.4 percent and 2.6 percent […]
Read MoreParliament has approved the new National Plan law for fiscal 2019-20, which will be effective from October 1, 2019 to September 30, 2020. The National Plan is expected to help Myanmar’s GDP grow by 7 percent to K95.4 billion during the period compared to 6.8pc in fiscal 2018-19. Contributing to economic growth is the financial […]
Read More
Thailand
