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Thailand: Headline CPI up 5.89%, in line with forecast

Thailand’s headline consumer price index (CPI) rose 5.89% in December from a year earlier, in line with analyst forecasts, but above the previous month driven by higher energy and food prices, government data showed on Thursday. The index compared with a forecast for a 5.9% rise in December in a Reuters poll and followed November’s 5.55% […]

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Asian, Vietnamese tourists eager to travel internationally

Almost four in five travelers in Asia are eager to travel internationally in 2023 as concerns around inflation and rising costs will likely not stop travelers from packing their bags, reported a Klook study in nine markets, including Vietnam. An overwhelming majority, about 81 per cent, are eager to travel internationally in the new year, with one third planning to take at least two to four […]

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Singapore retail sales up 6.2% on the year in November

SINGAPORE’S retail sales rose 6.2 per cent on the year in November, continuing from the previous month’s 10.3 per cent growth, Department of Statistics (Singstat) data showed on Thursday (Jan 5). On a month-on-month seasonally adjusted basis, retail sales were down 3.7 per cent, reversing from the 0.1 per cent growth charted in October. November’s […]

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Indonesia reduces export to curb recession impact

Indonesian Cooperative and SME Minister Teten Masduki said that his government will revise next year’s export target in a bit to anticipate the impact of the global recession. Jakarta (VNA) – Indonesian Cooperative and SME Minister Teten Masduki said that his government will revise next year’s export target in a bit to anticipate the impact of the […]

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Philippines: Bank lending slows as rate hikes bite

MANILA, Philippines — The series of aggressive rate hikes delivered by the Bangko Sentral ng Pilipinas (BSP) has started eating into credit growth, as the increase in loans disbursed by big banks slowed to 13.7 percent in November from 13.9 percent in October. Preliminary data released by the BSP showed that loans released by universal […]

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Cambodia’s e-commerce market eyes $1.78B by 2025

With the growing reach of the Internet, better access to newer technologies, increasing digitization, and rise in income levels, the e-commerce sector in Cambodia is marching ahead on a firm growth path. “The e-commerce sector has been growing and showed a remarkable growth during and after the Covid-19 pandemic,” Penn Sovicheat, Undersecretary of State and […]

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