KUALA LUMPUR: Malaysia’s inflation rose 4.5% in September, lower than 4.7% in the preceding month, according to the Statistics Department (DOSM). The increase in the consumer price index (CPI) was less than the 4.6% growth forecast by 16 economists in a Reuters poll. In a statement, DOSM said food inflation increased at a slower rate […]
Read MoreRestaurants, accommodation and travel booking services, Mice (meetings, incentives, conferences and exhibitions), pharmaceutical products, health and beauty services, and medicinal plants are sectors that expected to see brighter prospects during the latter part of this year and into next year, in part because people have become more concerned about their health. According to Deputy Commerce Minister Sinit […]
Read MoreThe exports of apparel from Cambodia increased by 23.09 per cent year-on-year to $7.174 billion during January-September 2022. This constituted 41.60 per cent of Cambodia’s total foreign income of $17.258 billion during the period under review, according to data from the general department of customs and excise under the ministry of economy and finance. Cambodia’s […]
Read MoreA decrease in crude oil and natural gas production led to a fall in the country’s gross domestic product (GDP) in the second quarter (Q2) of the year, said the Department of Economic Planning and Statistics. The oil and gas sector decreased by 9.2 per cent while there was a one per cent growth in […]
Read MoreSINGAPORE – Singapore’s asset management industry grew at a quicker pace than the global average in 2021, aided by a strong pipeline of new funds seeking investment opportunities in the Asia-Pacific. Assets under management (AUM) here expanded by 16 per cent from a year earlier to US$4 trillion (S$5.7 trillion), according to the Singapore Asset […]
Read MorePETALING JAYA: AmBank Research has forecast Malaysia’s third quarter (3Q) gross domestic product (GDP) to grow by 12% to 14% year-on-year (y-o-y), boosted by the strong trade number for September and over the 3Q. The economy grew by 8.9% y-o-y in the 2Q and 5% y-o-y in 1Q. Trade growth is set to slow on […]
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Thailand
