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Malaysia: February inflation up 0.1%

PETALING JAYA: Malaysia’s Consumer Price Index (CPI) for February rose 0.1% from a year ago due to increases in goods and services as well as food and non-alcoholic beverages. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said yesterday that the CPI rose to 122.5 from 122.4. On a monthly basis, the CPI increased 0.3% […]

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Philippines: Inflation seen to taper off in H2

MANILA, Philippines — Inflation in Asia Pacific, including the Philippines, will begin to taper off by the second half of the year as supply side disruptions are slowly addressed. In its latest research brief, London-based Oxford Economics said inflationary pressures would  turn modest beyond the second quarter amid government efforts to manage prices and an […]

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Thailand: Lazada, Shopee duke it out

E-commerce giants Lazada and Shopee are locked in a fierce battle to stimulate online shopping demand and attract new buyers embarking on the platforms amid an economic stalemate while the season of festive sales is just around the corner. Thailand’s e-commerce surged 81% year-on-year to 294 billion baht in 2020, according to a report commissioned […]

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