Gold held near a 19-month high following a ban on Russian oil imports, as mounting concerns over inflation and economic growth boost demand for the haven asset. In Thailand, the Gold Traders Association announced on Wednesday morning the buying prices at 31,320.56 baht per baht-weight for gold ornaments and 31,900 baht per baht-weight for gold […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) expects borrowing costs to rise amid the escalating conflict between Russia and Ukraine. Finance Secretary Carlos Dominguez said the government would depend its financing requirements from the P458 billion raised by the Bureau of the Treasury through the 27th tranche of Retail Treasury Bonds (RTBs). “Following a strong […]
Read MorePRIVATE-SECTOR analysts stood pat on Singapore’s growth outlook for 2022 but hiked their inflation forecasts, according to the latest quarterly survey published by the Monetary Authority of Singapore (MAS) on Wednesday (Mar 9). The spectre of higher inflation, driven mainly by energy and food prices, was almost unanimously cited as a risk to the economy […]
Read MoreHOUSTON: Oil prices working at their hottest stage in 14 years are poised to chop post-COVID pandemic gasoline demand as shoppers react to surging pump and energy prices by pulling again on spending and journey, high power executives warned on Monday. Global oil futures hit as a lot as $139 a barrel this week as gasoline, […]
Read MoreKUALA LUMPUR: Malaysia will allow quarantine-free entry for fully vaccinated travellers from April 1, ending almost two years of stringent border controls introduced to contain the Covid-19 outbreak. “Citizens with valid travel documents can enter and leave the country as they did before the pandemic,” Prime Minister Ismail Sabri Yaakob said on Tuesday. “Foreigners will […]
Read MoreMANILA, Philippines — Amid the Omicron variant surge in January, local factory output slowed its ascent. But an analyst said production likely bounced back in February. What’s new Results of the Philippine Statistics Authority’s monthly survey of selected industries showed the volume of production index (VoPI), a measure of manufacturing output, rose 16.5% year-on-year in January, […]
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Thailand
