PETALING JAYA: Malaysia’s industrial production index (IPI) growth for 2022 narrowed to 6.9% from 7.2% in 2021. The economic indicator which measures overall output of industrial activity was driven by the manufacturing index, 8.2%; electricity index, 4.5%; and the mining index, 2.8%, the Statistics Department said. In December 2022, the IPI grew 3% supported by […]
Read MoreWhen the technical infrastructure and capacity were upgraded to meet the demand, the regulations about issuing e-invoices from cash registers must then be made compulsory together with the introduction of punishments for violations HÀ NỘI — The Ministry of Finance is tightening tax management in the retail industry as it takes steps to force retail […]
Read MoreMONETARY authorities will have to continue raising interest rates after inflation spiked to a higher-than-expected 8.7 percent in January, analysts said. The Bangko Sentral ng Pilipinas’ (BSP) policymaking Monetary Board may have to deliver another 50-basis-point (bps) increase next week instead of the 25 bps initially expected, two economists added. This would raise the policy […]
Read MoreExports are expected to contract 3-5% in the first quarter before starting to recover in the second and third quarters, partially helped by China’s reopening, lower freight rates and high global purchases, according to the national shipping group. However, the group warned the strong baht may weaken the country’s export competitiveness, asking the Bank of Thailand […]
Read MoreSingapore, the most advanced economy in the Asean region, is out to play a bigger role in filling Cambodia’s infrastructure gaps, and the city-state has positioned itself as a facilitator and partner for this in addition to providing an ideal ecosystem for private capital. In an exclusive interview with Khmer Times recently in Phnom Penh, Lavan Thiru, […]
Read MoreThailand’s exports are likely to grow by 1% to 2% this year, unchanged from a previous forecast, according to the Thai National Shippers’ Council. Shipments continue to face slowing global demand and currency volatility, Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council, told a news conference on Tuesday. Source: https://www.bangkokpost.com/business/2500964/thai-exports-seen-up-1-2-in-2023-shippers
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