KUALA LUMPUR: Malaysia and Singapore are positioned to gain from global growth in 2022, said Moody’s Analytics. It said both countries have been cautious in opening their borders to travellers despite being among the most aggressive with fiscal policy support for their economies over the past year. “Malaysia is in the midst of an emergency […]
Read MoreThe Phnom Penh Special Economic Zone (PPSEZ) saw year-on-year revenue grow by nearly 36 percent to more than $4.2 million, according to its quarterly report released on Monday. The firm reported an unaudited pre-tax profit of $560,793, marking a 26 percent gain over the same period in 2019. Total assets increased slightly to $94.947 million, […]
Read MoreMANILA, Philippines — Global banking giant Citi has raised its inflation forecast for the Philippines over the next two years, but expects the Bangko Sentral ng Pilipinas (BSP) to keep rates at an all-time low of two percent until the middle of next year to help the economy recover from the pandemic-induced recession. Citi economist […]
Read MoreVietnam posted an estimated trade surplus of $1.3 billion in January, according to a report recently announced by the Ministry of Industry and Trade (MoIT). Of the figure, the domestic economic sector posted a deficit of 1.8 billion USD while the foreign-invested sector (inclusive of crude oil) ran a surplus of 3.1 billion USD. The statistics showed […]
Read MoreSINGAPORE’S key exports continued their upward trajectory in January, on the back of growth in non-electronics and electronics shipments. Non-oil domestic exports (NODX) added 12.8 per cent year on year, in the second month of increase, according to figures from trade agency Enterprise Singapore (ESG) on Wednesday. The expansion beats the median increase of 5.2 […]
Read MorePETALING JAYA: The economic recovery is expected to bode well for the banking sector with loan growth forecast to pick up pace to 3.8% in 2021 versus 3.4% last year, according to Maybank IB Research. It attributed the growth to stable household loan growth and a pick-up in corporate lending. The research house said loan […]
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Thailand
