SINGAPORE’S retail sales grew at a slower pace in June, but still logged a double-digit increase owing to the low base last year. Total retail sales expanded 14.8 per cent year on year, easing from the 17.8 per cent increase in May, according to the Department of Statistics Singapore (SingStat) on Friday (Aug 5). Excluding motor […]
Read MoreThe Asian Development Bank revised its GDP growth projections for Southeast Asian countries in 2022 to 5 percent, slightly up from its earlier estimates of 4.9 percent. The bank, which maintained the forecast for 2023 at 5.2 percent, made its observations regarding the economic performance of Asean Countries in its Asian Development Outlook Supplement for […]
Read MoreBANGKOK: Thailand’s headline inflation rate slowed in July for the first time this year, helped by government support measures, but the pace was still near a 14-year high, reinforcing a view of an interest rate hike next week. The headline consumer price index (CPI) rose 7.61% in July, driven by high energy prices, commerce ministry […]
Read MoreMANILA, Philippines — DBS Bank Ltd. of Singapore said inflation last month likely stayed above six percent as price pressures were stoked by the combination of increases in public utility jeepney minimum fare, food and core prices as well as currency weakness. In its latest Macro Insights Weekly report titled “As Growth Slows, Will Inflation […]
Read MoreThe General Department of Customs and Excise earned $1,295 million in the January-June period of this year, up 12 percent compared to the same period last year, official report showed. The report was released in a meeting to review work achievements in the first semester and set new objectives for the second semester, held on […]
Read MoreHanoi remains at the top of the list of cities with the highest living expenses, followed by Quang Ninh, HCM City, Da Nang and Hai Phong. Cost of living also rose in Bac Kan and Khanh Hoa. The Spatial Cost of Living Index (SCOLI) in the General Statistics Office’s (GSO) 2021 statistical yearbook released on […]
Read More
Thailand
