Thailand’s headline inflation rate is expected to top the Bank of Thailand’s forecast of 1.7% this year, but should remain within its target range, central bank officials said on Friday. Inflation would exceed the BoT’s target range of 1% to 3% in early 2022 before falling in the second half of the year, they said. […]
Read More[KUALA LUMPUR] Malaysia said its economy returned to expansion at the end of 2021 amid easing pandemic restrictions, while flagging risks for this year from inflation, further virus disruptions and global growth. Gross domestic product (GDP) growth in the December quarter rebounded to 3.6 per cent from a year earlier, Malaysia’s central bank said Friday […]
Read MoreThe Finance Ministry will at the Tuesday Cabinet meeting propose the option of reducing excise tax for diesel to less than 3 baht per litre, a source was quoted as saying by Thansettakij. The source said a new draft decree on the Revenue Code is being prepared in response to the continued rise of crude […]
Read More[JAKARTA] Indonesia’s central bank will review policy rate levels in the third quarter to head off any spike in inflation next year, Governor Perry Warjiyo said on Thursday (Feb 10), after it decided to keep rates unchanged for now to bolster an economic recovery. Bank Indonesia (BI) kept steady its benchmark 7-day reverse repurchase rate […]
Read MoreBy Aradhana Aravindan SINGAPORE (Reuters) – Singapore could return to a small budget surplus in 2022 as the economy recovers from the COVID-19 pandemic, with the government turning its focus to rebuilding public finances and an imminent tax hike after two years of unprecedented spending. SINGAPORE (Reuters) – Singapore could return to a small budget […]
Read MoreUOB expects greater differentiation on foreign flows dynamics in emerging markets including Malaysia for 2022, despite overseas investors continuing to pile into Malaysia capital markets in January. This comes as most regional central banks’ patience on rates to sustain growth recovery went against hawkish pivots by both the US Federal Reserve and European Central Bank […]
Read More
Thailand
