SINGAPORE – Singapore’s central bank believes inflation may abate next year, but warned that if prices and wages continue to remain elevated a deeper cut in economic growth could be needed to achieve stability. “Inflation is expected to ease in 2023 as major central banks withdraw policy accommodation and supply challenges are addressed. However, the […]
Read MoreBENGALURU: Bank Indonesia is likely to hold rates at a record low on Thursday, but one in three economists polled by Reuters expected a 25 basis-point hike to shore up the rupiah currency and guard against capital outflows stemming from aggressive U.S. rate hikes. Faced with relatively low inflation, Bank Indonesia will wait at least […]
Read MoreCompetition in the express delivery segment is expected to intensify later this year with some operators now employing a price cut strategy to attract customers as fuel prices are cooling down. SET-listed Kerry Express (Thailand) recently reduced the starting price for the delivery of items in a sealed bag “A” (measuring 32 centimetres by 23cm), […]
Read MoreKUALA LUMPUR: Malaysia is one of the Asean countries with low inflation rate which is manageable compared with other parts of the world such as the United States, which rose to new peak of 9.1 per cent in June 2022 and Turkiye which rose to nearly 80 per cent last month. Former Alliance Bank Malaysia […]
Read MoreIn the next few years, Gen Z will be the main trend-setter of the workplace of the future. Vietnam’s office rental demand continues to look positive largely in the coming time, thanks to growth in office-based employment, weaker adoption of flexible working practices, and the enduring vital role of offices in Vietnam. The forecast was recently […]
Read MoreFrom the Monetary Authority of Singapore, the country’s central bank: Global inflation seen easing in 2023 as major c.banks withdraw policy accommodation and supply challenges addressed However, global inflation outlook is subject to considerable uncertainty Additional strains on supply chains could cause further price shocks Singapore economic growth is expected to moderate further in 2023, […]
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