The manufacturing production index (MPI) for January dropped by a slightly less-than-expected 4.35% from a year earlier as a global slowdown hurt exports, the Industry Ministry said on Tuesday. The figure compared with a forecast fall of 5% in factory output for January in a Reuters poll, and came after December’s revised 8.45% year-on-year decline. […]
Read MoreKUALA LUMPUR (Feb 28): Fitch Solutions Country Risk and Industry Research has lowered its forecast of Malaysia’s 2023 budget deficit as a share of GDP to 4.9%, from 5.3% previously, which is somewhat aligned with the government’s fiscal projections. In a report on Monday (Feb 27), the firm said it now expects revenue to come […]
Read MoreSINGAPORE is one of the few countries whose unity has strengthened through the Covid-19 pandemic, giving it a good platform to navigate its foreign policy challenges amid a “perfect storm of multiple interlocking crises”. Interest from businesses, investors, and entrepreneurs in coming to Singapore remains, as they recognise and appreciate its stability and consistency, said […]
Read MoreMANILA, Philippines — The Philippine stock market tumbled yesterday as interest rate and inflation concerns continue to weigh on investor sentiment. The benchmark Philippine Stock Exchange Composite index (PSEi) fell 86.56 points or 1.29 percent to close at 6,599.34. The market’s decline was expected as most analysts expect market volatility to persist in the first quarter of […]
Read MoreMinister of Industry, Science, Technology and Innovation Cham Prasidh said the owners of local rice mills and manufacturing enterprises need to focus on the quality of the packaging of their goods if they were to compete in the international markets. He encouraged them to use domestically produced packaging rather than using imports. Prasidh made the […]
Read MoreVietnam is very likely to benefit from the upward trend in rice prices which is fueled by limited supplies and a shift away from the Indian supply. Decreasing input costs as Europe eases sanctions against Russia and increased fertiliser supply will benefit rice export businesses, said Vietcombank Securities Company (VCBS). A recent report on the […]
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Thailand
