KUALA LUMPUR: Malaysia is expected to achieve an export growth of 1.5% year-on-year (y-o-y) this year, underpinned by commodity-based sectors, according to economists. RHB Investment Bank Bhd economist Ahmad Nazmi Idrus said the latest figures might appear that trade could have reached its bottom and is ready for a rebound. He said the support came […]
Read MoreThe Hanoitimes – Up to 64% of respondents in Vietnam applied for online credit in 2019 at least once. As online payments and digital lending are in priority for the Asians when it comes to frequently used financial services, almost two-thirds of respondents in Vietnam applied for online credit and made e-payments in 2019, according to […]
Read MoreShippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with an impact also seen on imports of raw materials to make certain finished products like automotive tyres and face masks. The Thai National Shippers’ Council estimates the outbreak to hit exports of Thai products bound […]
Read MoreAnalysts downgraded their forecasts for Thailand’s 2020 growth in early February, with the novel coronavirus expected to take a toll on the country’s tourism industry during the first quarter. In a Feb 3 report, Citi economist Nalin Chutchotitham revised her 2020 forecast to 2.2 per cent, down from 3 per cent previously. Her 2019 forecast […]
Read MoreMANILA, Philippines — Consumer price growth quickened in January on the back of higher food prices during the month, the Philippine Statistics Authority reported Wednesday. Inflation last month stood at 2.9%, faster than December’s 2.5% but softer than 4.4% recorded in January 2019. “The heavily-weighted food and non-alcoholic beverages index, which registered an annual increment […]
Read MoreALTHOUGH Singapore’s monetary policy stance remains unchanged, there is room within the policy band to accommodate another easing, if economic conditions weaken from the coronavirus spread. This is according to the Monetary Authority of Singapore (MAS), which issued a statement on Wednesday in response to media queries. Last October, MAS had reduced slightly the rate of […]
Read More
Thailand
