th05
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Thailand: Consumer confidence hits historic low

Consumer confidence slumped to a historic low in March as people worried about the spread of the coronavirus, which is estimated to cost 1-1.5 trillion baht in losses to the economy in the first half of this year. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index fell […]

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Brunei’s CPI increases 1.4pc year-on-year in February

The Consumer Price Index (CPI) in February increased by 1.4 per cent year-on-year compared to February 2019. Prices of Food and Non-Alcoholic Beverages increased by 1.0 per cent. Meanwhile, Non-Food prices increased by 1.5 per cent. The CPI increase was largely attributed to increases in the prices and costs of Miscellaneous Goods and Services (11.4 […]

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Malaysia: Fitch retains long-term rating, GDP to grow 5.8% in 2021

PETALING JAYA: Fitch Ratings has affirmed Malaysia’s long-term foreign-currency issuer default rating (IDR) at “A-”. The agency has however revised the outlook from “stable” to “negative”. According to a statement by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, yesterday, Fitch has also projected the Malaysian economy to register a growth of 5.8% in […]

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