[BANGKOK] Thailand’s economy will continue to expand in 2022 and 2023 despite rising inflation, while monetary policy tightening may have to wait until the economy recovers more strongly, the central bank said on Monday (Apr 18). The central bank will continue to support the economy, as it has left the key rate at a record […]
Read MoreForeign-invested companies continue to be the main driving force for Vietnam’s exports by making up 73.4% of the total foreign trade revenue, or $65.36 billion. Vietnam continued to show positive trade performance during the first three months of 2022 with a trade surplus of US$1.46 billion, according to data from the General Department of Vietnam […]
Read MoreSINGAPOREANS’ expectations for headline inflation have risen to 9-year highs, according to the latest quarterly survey results of the Singapore Index of Inflation Expectations (SInDEx). The 1-year-ahead headline inflation expectation rose to 4.1 per cent in March 2022, from 3.2 per cent in December 2021. Inflation expectations were last recorded above 4 per cent in […]
Read MoreIndonesia’s exports and imports hit record highs in March amid commodity price rises due to the impacts of the Ukraine war, helping the resource-rich country book a larger-than-expected trade surplus, statistics bureau data showed on Monday (Apr 18). March exports from Indonesia were worth US$26.5 billion, up 44.36 per cent on a yearly basis and […]
Read More[KUALA LUMPUR] Malaysia’s exports in March rose 25.4 per cent from a year earlier, above forecast, government data showed on Monday. March’s exports were expected to rise 12.5 per cent, according to 16 economists surveyed in a Reuters poll. Imports in March grew 29.9 per cent from a year earlier, the data showed. Analysts were […]
Read MoreMANILA, Philippines — The research unit of Australia and New Zealand Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver five rate hikes instead of only two this year, as upside risks to inflation forecasts have become more prominent with higher oil prices. ANZ Research chief economist for Southeast Asia Sanjay Mathur and economist […]
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