Disruptions to supplies of commodities, financial strains, and higher prices are among the impacts of the war in Ukraine that will slow economies in Asia in the coming months, the World Bank says in a report released Tuesday. The report forecasts slower growth and rising poverty in the Asia-Pacific region this year as “multiple shocks” compound […]
Read MoreBrunei Darussalam Central Bank (BDCB) yesterday published Brunei Darussalam’s residential property price index (RPPI) for the fourth quarter of 2021 (Q4 2021). The index was compiled using data sourced from banks in the Sultanate, and is published with close cooperation from the Ministry of Development (MoD), in particular the Authority for Building Control and Construction […]
Read MoreJakarta (ANTARA) – Bank Indonesia (BI) reported that Indonesia’s foreign exchange reserves at the end of March 2022 remained high at US$139.1 billion, albeit decreasing as compared to US$141.4 billion at the end of February 2022. Executive Director of the Head of the Communications Department of Bank Indonesia Erwin Haryono noted in an official statement […]
Read MoreLaos’ economy is projected to grow 3.4 percent this year and 3.7 percent in 2023, due to the country’s investments to boost exports, according to the Asian Development Outlook (ADO) 2022 released by the Asian Development Bank (ADB) on Wednesday. “Growth in 2022 and 2023 will be underpinned by recovering investment and rising output in […]
Read MoreSuvarnabhumi airport has seen a sharp rise in the number of international arrivals since the requirement for pre-flight Covid-19 tests was lifted. Thailand’s main gateway airport in Samut Prakan province reported an average 11,623 travellers from overseas destinations from Friday to Monday, a 66% rise from the average in March of 7,003 visitors a day. […]
Read MoreMANILA, Philippines — The Philippines remains on track toward economic recovery this year as restrictions are eased, but growth may fall short of government targets as downside risks persist due to global tensions. In its Asian Development Outlook 2022 released yesterday, Manila-based Asian Development Bank (ADB) said the Philippine economy may grow by six percent […]
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