Indonesian Finance Minister Sri Mulyani Indrawati said on Wednesday, “the risks to the economy in 2022 and 2023 include tapering in us and EU, China economic policy, supply disruption.” Additional comments “High commodity prices have begun to affect Indonesia’s inflation, but inflation now still mild.” “Indonesia consumption and production have returned to pre-pandemic levels.” “Indonesia […]
Read MoreThe Philippine banking sector’s outlook is improving, as lenders’ financial performance and the economy are expected to improve this year, according to Fitch Ratings. “For the Philippines, we have an improving banking sector outlook as we expect financial performance to recover somewhat this year, in tandem with a pickup in economic activity that we expect,” Tania Gold, […]
Read MoreDespite Vietnam’s commitment to reduce coal-dependent power resources in the long term, the sector’s black diamonds are in huge demand by the country’s electricity plants, which may face shortages due to a trade ban from Indonesia. On January 1, Indonesia’s Ministry of Energy and Mineral Resources announced a temporary ban on coal exports until the […]
Read MorePetrol prices in Cambodia have soared since the beginning of this year with experts suggesting that it is linked to the rise of international crude oil prices, high demand in the Chinese gasoline market and seasonal demand in European markets. The retail selling price of petrol in the Kingdom from January 16-31 has been set […]
Read MoreInvestment pledges approved by the Board of Investments (BOI) reached P655.4 billion last year, 35 percent short of its P905 billion year-end target. In a statement on Tuesday, the BOI said the approved investment pledges during the period was also a huge decline from the P1.02 trillion recorded in 2020. The BOI said this was due to […]
Read MoreAn International Labor Organization (ILO) report estimates the number of unemployed workers in Vietnam this year at 1.3 million, higher than the 1.2 million last year. The figures were mentioned in a Monday ILO press release marking publishing of its report titled: “World Employment and Social Outlook: Trends 2022.” The 2022 unemployment projection is equal […]
Read More
Thailand
