The private sector on Monday pleaded for more government spending to boost the economy, as household consumption weakens due to high inflation. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) met on Monday and laid out the worrisome economic situation facing Thailand this year. It said the main risk was rapidly rising energy […]
Read MoreThailand’s headline consumer price index (CPI) rose a slower-than-expected 4.65% in April from a year earlier, the Commerce Ministry said on Thursday. That compared with a forecast for a rise of 4.98% in a Reuters poll and following March’s 5.73% jump. The core CPI index was up 2.0% from a year earlier, in line with […]
Read MoreMalaysia’s manufacturing showed renewed momentum in April as incoming orders recovered strongly to register the sharpest rise in eight years, S&P Global said Thursday. The S&P Global Malaysia manufacturing purchasing managers index increased to 51.6 in April from 49.6 in March. April saw a welcome surge in demand for manufactured goods and producers reported the […]
Read MoreBENGALURU : Indonesia’s annual economic growth likely remained steady in the first quarter as commodities exports partly offset weak consumer spending due to mobility curbs imposed to stop the spread of the Omicron coronavirus variant, a Reuters poll found. Southeast Asia’s largest economy expanded 5.00 per cent in January-March, compared to the same period a […]
Read MoreThe Government of Laos has outlined currency depreciation and high fuel costs as the two most urgent issues it will tackle this month. Government Spokesperson and Minister to the Prime Minister’s Office, Madame Thippakone Chanthavongsa, said that the government will work on several issues outlined during a recent monthly cabinet meeting held in April, with […]
Read MoreBrunei Darussalam’s economy is projected to grow 5.8 per cent this year, according to the International Monetary Fund’s (IMF) latest Regional Economic Outlook report. IMF said economic growth in Asia and the Pacific is poised to slow more than previously estimated this year amid headwinds from the conflict in Ukraine, a resurgent pandemic, and tightening […]
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