The race to be Southeast Asia’s best-performing currency in 2023 looks like it could be between the Thai baht and Singapore dollar. The baht is set to be powered by an influx in Chinese tourists after Beijing rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. […]
Read MoreKUALA LUMPUR: Malaysia’s manufacturing sector continued to face challenging business conditions in December 2022, with the manufacturing purchasing managers’ index (PMI) easing to 47.8 against 47.9 in November, S&P Global said. “This marked a fourth consecutive softening of operating conditions across the Malaysian manufacturing sector,” it said in a statement. The latest moderation, though broadly […]
Read MoreJAKARTA – Indonesia’s inflation rose slightly in December and remained above the central bank’s target range for the seventh successive month, official data showed on Monday, as household spending rose during the year-end holidays. The headline annual inflation rate picked up to 5.51 per cent in December, compared with 5.42 per cent in November and […]
Read MoreIn the third quarter (Q3) 2022, the performance of the retail sales showed a year-on-year increase of 4.8 per cent with an estimated value increased from BND407.4 million to BND427.0 million. In terms of volume, the retail sales also recorded a positive growth of 2.4 per cent year-on-year. The increase in retail sales was mainly […]
Read MoreGDP per capita is expected to reach nearly $2,000, while Cambodia’s economic growth is expected to reach 6.6 percent in 2023. The statement was made by Prime Minister Hun Sen during the groundbreaking ceremony for the construction of a bridge across the Mekong River in Kratie Province on the morning of January 2. In 2023, […]
Read MoreVietnam has been listed among the world’s top 30 powerful countries in 2022 by US News & World Report. With a GDP of over 363 billion USD and a population of more than 98.2 million, Vietnam stands at the 30th position in the rankings, only after Singapore (26th position) among the Southeast Asian countries. Meanwhile, […]
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