KUALA LUMPUR : Malaysia’s central bank kept its benchmark interest rate at a record low on Thursday, in line with expectations, as the country’s economic recovery gathers pace. A Reuters poll showed 19 economists surveyed had expected Bank Negara Malaysia (BNM) to keep its overnight policy rate steady at 1.75per cent, although some forecast a […]
Read MoreSINGAPORE: Home rents have risen to a seven-year high in Singapore, already one of the world’s most expensive cities, even though the city-state’s population has dipped in the past two years. The rental price index of private residential properties increased to 114.2 in the fourth quarter of 2021, up 9.9% from the same period a […]
Read MorePhnom Penh (VNA) – Cambodian Prime Minister Hun Sen has expressed his concern over the Cambodian economy, which may be affected by rising global oil prices and increased inflation caused by the COVID-19 pandemic and the Russia-Ukraine conflict. Speaking at a ceremony to inaugurate National Road No. 3 Phnom Penh-Kampot on March 2, PM Hun Sen […]
Read MoreThe Ministry of Industry and Trade (MOIT) and Ministry of Finance (MOF) have raised the ceiling fuel prices for the March 1 review. This is the third consecutive price increase in the Year of the Tiger. The price of E5 RON 92 has increased by VND545 per liter and the selling price must not be […]
Read MoreThe baht opened at 32.48 to the US dollar on Thursday, strengthening from Wednesday’s close of 32.70. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 32.35 and 32.60 during the day. Poon said the baht found support from China’s new “Zero Covid” prevention measures, which could lead to a travel […]
Read MoreMANILA, Philippines — Factory gate prices surged at the start of the year as increases were recorded in the majority of industry groups, the Philippine Statistics Authority (PSA) said. Latest data from PSA showed the Producer Price Index (PPI) for January accelerated by 4.1 percent, significantly faster than the 0.6 percent in December 2021. In […]
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