KUALA LUMPUR: Malaysia’s trade exports continued to expand, rising 23.5% year-on-year (y-o-y) to RM110.73bil in January 2022 on the back of double-digit growth in shipments to major trading partners Asean, China, the US and the EU. In a statement, the International Trade and Industry Ministry (Miti) said exports recorded double-digit expansion for a sixth consecutive […]
Read MoreHotel operators are clamouring for RT-PCR testing upon arrival for foreign visitors to be eliminated from requirements to avoid a tourism collapse as the resumption of the Test & Go scheme alone is not enough to create momentum. Adding perspective at “Bangkok Post Conference 2022: Omicron Crisis”, a chief economist believes the tourism industry will […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) left interest rates untouched yesterday, as widely expected, but the window for accommodation to support sustained economic recovery is closing fast as authorities flagged inflation risks due to possible second round effects from rising global oil prices. BSP Governor Benjamin Diokno said in a virtual press […]
Read MoreNew investment projects were approved in Phnom and three other provinces. This was announced by the Council for the Development of Cambodia (CDC) on February 17. The CDC announced that it had approved six new projects. The investment projects have a total capital of about $ 67 million. According to the Council for the Development […]
Read MoreDespite impairments in the economy and business revenues, Vietnam has decided to increase its budget deficit this year and next year in order to ensure state budget spending for the country. The National Assembly has adopted a scheme on raising the state budget within 2022 and 2023 by an annual average rate of 1-1.2 per […]
Read MoreUOB Kay Hian (UOBKH) expects market consolidation for Malaysia from March onwards to reflect the projected interest rate hikes, it said in a research report on Friday (Feb 18). The research team projects that the US Federal Reserve will raise its policy rate 5 times in 2022 to a total of 150 basis points (bp). […]
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Thailand
