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Opening of the Cambodian-Thai border boosts tourism

After the Thai government allowed the re-opening of the border with Cambodia from May 1, 2022, a number of associations and private companies in the tourism sector in Cambodia, Thailand, as well as Vietnam have cooperated to plan to boost the flow of tourists again. In early May, the Asia-Pacific Tourism Association (PATA) led by […]

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Philippines: After breaching target in April, inflation threatens economic recovery

MANILA, Philippines (Update 1, 11:49 a.m.) — Inflation in April quickened at its fastest in over two years, threatening to derail a nascent recovery as high prices crimp consumer spending. In an online briefing on Thursday, the Philippine Statistics Authority reported inflation accelerated 4.9% year-on-year in April, quicker than the March print of 4%. The latest reading […]

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March 2022 Malaysian vehicle sales up by 62.5%

The Malaysian Automotive Association (MAA) has released the vehicle sales data for the month of March 2022, announcing that a total of 73,222 new vehicles were delivered to buyers that month. This is a jump of 28,171 units from the 45,051 units (adjusted from the 43,722 units originally reported) in February, translating to a 62.5% increase […]

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Indonesia Sees Faster Manufacturing Sector Expansion in April

Jakarta. Indonesia’s manufacturing sector expansion has accelerated in April thanks to improving economic activities that spur employment and purchasing activity, according to the latest S&P Global Purchasing Manager Index, or PMI, data.  Indonesia’s S&P Global Indonesia manufacturing PMI rose to 51.9, increasing from 51.3 in March and marking the ninth consecutive month of the country’s manufacturing sector expansion. A reading above […]

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