Business sentiment continues to improve with 57% of respondents predicting that output will increase over the coming 12 months, against 9% that expected a decrease. Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) posted 52.7 in August, up from 51.2 in July and signaling a solid improvement in the health of the manufacturing sector midway through the […]
Read MoreMANILA, Philippines — The peso’s weakness persisted yesterday, momentarily touching the 57 to $1 barrier before closing at an all-time low of 56.999, 22.9 centavos lower than the previous record low of 56.77 on Friday. The local currency opened weaker at 56.85 and hit an intraday high of 56.80 before losing steam to touch an […]
Read MoreLabour Minister Suchart Chomklin said on Tuesday that he will ask the Cabinet to approve the new daily minimum wage rates next week so they can go into effect on October 1. He said if approved, unskilled labourers should get an average daily wage hike of 5.02 per cent instead of the 8 per cent […]
Read MoreTHAILAND’S headline inflation rate in August rose slightly from the previous month to a 14-year high, in line with forecast and reinforcing expectations of a further interest rate hike later this month. The headline consumer price index (CPI) rose 7.86 per cent in August from a year earlier, driven by energy prices and last year’s […]
Read MoreCOMPANIES in Indonesia are expected to report the most earnings growth among its Asia Pacific (Apac) emerging market (EM) county peers due to the country’s large proportion of commodity producers that are benefiting from high spot prices this year. According to a recent report by Moody’s Investors Service, Indonesia will post the highest earnings growth […]
Read MoreSINGAPORE’S retail sales grew 13.7 per cent year on year in July, extending the 14.9 per cent increase seen in the month before. On a month-on-month seasonally adjusted basis, retail sales were also up by 0.6 per cent, said the Department of Statistics (Singstat) on Monday (Sep 5). Excluding motor vehicles, retail sales expanded by […]
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Thailand
