MANILA, Philippines — Inflation in August likely accelerated and stayed above the government’s two to four percent target on the back of higher food prices, weak peso and more expensive power rates, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said inflation last month could settle within the 4.1 to 4.9 percent […]
Read MoreKUALA LUMPUR, Sept 1 ― The Asean manufacturing sector remained in a downturn for the third straight month in August 2021, with the headline Purchasing Managers’ Index (PMI) easing to 44.5 from 44.6 in July 2021, as rising Covid-19 cases and lockdown measures continued to impact the sector. In a statement today, IHS Markit said […]
Read MoreJAKARTA : Indonesia’s annual inflation rate edged up in August to 1.59per cent, the highest in three months, still holding below the central bank’s target range, data from the country’s statistics bureau showed on Wednesday. A Reuters poll had expected an August rate of 1.60per cent. Indonesia’s inflation rate has been below the central bank’s […]
Read MoreSINGAPORE – Private-sector analysts have raised their forecast for Singapore’s economic growth in 2021 for the third time this year, according to the latest quarterly survey released by the Monetary Authority of Singapore (MAS) on Wednesday (Sept 1). They expect Singapore’s gross domestic product (GDP) to expand 6.6 per cent this year, slightly higher than […]
Read MoreTen years ago, wealthy people said ‘no’ to properties located far from the center of cities, but more are now moving from the crowded inner city to the suburbs, where they can enjoy fresh air and less noise. Analysts say that the pandemic has had a great impact on the real estate market. The social […]
Read MoreCambodia Trade, an online marketplace for small and medium enterprises (SMEs), is scheduled to operate officially in weeks after 16 firms were approved by the Ministry of Commerce to display their products. Pen Sovicheat, spokesman at the Ministry of Commerce, said: “The Ministry of Commerce just signed with Wing Bank on a digital payment system. […]
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Thailand
