SINGAPORE – Singapore’s economic growth will slow to between 3 per cent and 5 per cent next year amid an uneven recovery at home and lingering uncertainty over global growth, the Ministry of Trade and Industry (MTI) said on Wednesday (Nov 24). MTI said gross domestic product (GDP) growth this year will come at around […]
Read MoreEconomist at UOB Group Enrico Tanuwidjaja and Yari Mayaseti review the latest monetary policy meeting by the Bank Indonesia (BI). Key Takeaways “Bank Indonesia (BI) left its benchmark rate unchanged at record low of 3.50% at its 17 November -18 November 2021 monetary policy meeting (MPC) as the economy continued to recover from the country’s […]
Read MoreMANILA, Philippines — Wholesale prices of building materials in Metro Manila continued its uptick amid more business activities as the alert level system in the capital was downgraded, the Philippine Statistics Authority (PSA) said. The latest Construction Materials Wholesale Price Index (CMWPI), which is used as a reference in the costing of government projects, slightly […]
Read MoreCambodia’s economic growth has been revised to reach around 3 percent this year, thanks to the growth of the agricultural and industry sector. Speaking at the inauguration ceremony of Stung Trang-Krouch Chhmar bridge yesterday, Prime Minister Hun Sen said that the country’s economic activities have recovered after the country has been fully reopened. “I think […]
Read MoreHANOI: The Philippines, one of the world’s biggest importers of rice, is taking steps to temporarily limit imports of the grain from Vietnam amid a big harvest at home, three rice traders and an agricultural official said on Wednesday. The traders said that the Philippines’ department of agriculture had suspended issuing sanitary and phytosanitary import […]
Read MoreFive non-Asean members – China, South Korea, Japan, New Zealand and Australia – will do away with import tariffs on some products from Thailand and other Asean countries once the Regional Comprehensive Economic Partnership (RCEP) comes into effect on January 1, Department of Trade Negotiations director-general Auramon Supthaweethum said on Tuesday. The RCEP is a […]
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