KUALA LUMPUR: Malaysia recorded a 2.8% year-on-year (y-o-y) increase in consumer prices in May amid the accelerating cost of food The May headline inflation was above the 2.6% median growth forecast of a Reuters poll of economists and higher than the 2.3% increase recorded in April. In a statement, National Statistics Department chief statistician Datuk […]
Read MoreINVESTMENT banking activities in Singapore generated US$451.3 million in fees for the first half of the year, representing a 3.3 per cent increase compared to the same period year-ago, according to preliminary data from Refinitiv released on Friday (Jun 24). Of these, advisory fees for completed mergers and acquisitions (M&A) contributed the biggest share, generating US$171.7 […]
Read MoreTHE government’s budget balance returned to a deficit in May even as revenues continued to outpace expenditures, the Bureau of the Treasury reported on Thursday. The government had recorded a P4.9-billion surplus in April, which the Treasury then attributed to “faster year-on-year” revenue growth and a “marginal” increase in spending. The swing to a P146.8-billion deficit in May was […]
Read MoreVietnam exported US$1.7 billion worth of seafood in the first five months, up 25 percent year-on-year, thanks to rising global demand. The highest growth items included tuna (59 percent), shellfish (47 percent) and octopus (28 percent), according to data from the Vietnam Association of Seafood Exporters and Producers. Japan and France were the top markets […]
Read MoreThe labour ministry has scheduled a series of internal meetings next month to discuss the 2023 minimum wage for the textile, garment, footwear, bags and travel goods sectors. The Ministry of Labour and Vocational Training said in a notice that bilateral and tripartite talks – between the government and representatives of employers and workers – […]
Read MoreKUALA LUMPUR, June 24 — A recent survey which said the majority of Malaysians wants the government to ban alcohol, sugary beverages and nightclubs as well as smoking and vaping has been criticised by trade groups. They said such a move would not only mean a loss of income for the government but in all […]
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Thailand
