SINGAPORE’S factory activity dipped further in March, mirroring a region-wide drop in manufacturing sentiment amid rising prices and supply chain disruptions. Last month’s Purchasing Managers’ Index (PMI) fell 0.1 point to 50.1, marking the third month of decline, according to the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday (Apr 4). A reading […]
Read MoreForeign exchange earned by locals in Myanmar must be deposited in accounts at licensed banks and exchanged for the local currency within one working day, the central bank said, as the country’s military authorities seek more control over foreign currency flows. In a notification dated April 3 and published in state media on Monday, the […]
Read MoreThe baht opened at 33.44 to the US dollar on Tuesday, strengthening from Monday’s close of 33.51. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.35 and 33.55 during the day. Poon said that the baht is likely to swing in a wide range but with no clear sign of direction. Uncertainty […]
Read MoreMANILA, Philippines — Inflation likely accelerated in March and breached the upper end of the two to four percent target set by the Bangko Sentral ng Pilipinas (BSP), according to economists. Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said inflation likely climbed to 4.4 percent in March from three percent in February largely […]
Read MoreEven as the temperature in Cambodia soars, many people are reluctant to use air conditioners for the fear of getting a higher monthly electricity bill. So much so, even industry leaders are looking forward to getting some favourable approach from the government to compete with different players in the region Actuary Rajivan has been living […]
Read MoreThe land and building tax is still offering a payment discount this year according to the law passed to ease the burden on landowners, says Finance Minister Arkhom Termpittayapaisith. He said this is the last year the land and building tax law offers such a discount to landowners. The law took effect in 2020 and offers […]
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Thailand
