The USD/IDR exchange rate was unchanged on Wednesday morning after the relatively disappointing Indonesian trade numbers. The USD to rupiah pair was trading at 15,370, which was a few points below this week’s high of 15,474. Indonesia’s trade surplus widens The most important catalyst for the USD/IDR price was the latest US inflation numbers, which we wrote […]
Read MorePETALING JAYA: The country’s industrial production is expected to remain weak in the first quarter of the year (1Q23), before showing improvement in the near term. Despite the potential risk of weak global demand, there are bright spots that could raise the industrial production performance going forward, analysts noted. TA Research said although there is […]
Read MoreSingapore’s employment excluding migrant domestic workers grew by a record-high 227,800 in 2022, bringing total employment to 2.9% above its pre-pandemic 2019 level, the Ministry of Manpower said Wednesday. Resident employment continued its steady growth last year, increasing by 26,300, according to data from the ministry. This increase was mostly in outward-oriented sectors, such as […]
Read MoreAccording to contractors and investors in Hà Nội, while the price of cement has stabilised, other essential building materials such as steel and construction sand continue to increase in price. HÀ NỘI — Despite expectations that the demand for iron and steel will rise due to the government’s efforts to reduce supply by disbursing public investment, removing […]
Read MoreSHARE prices of Philippine banks may have fallen but the domestic financial sector as a whole is expected to be minimally affected by the fallout from a US banking crisis, an industry group said on Tuesday. “The Bankers Association of the Philippines (BAP) assures the Filipino public that recent developments in the US financial system […]
Read MorePETALING JAYA: Personal spending in Malaysia is expected to moderate this year amid the rising cost of living. Pressure on private consumption is also seen coming from higher interest rates and the waning impact of the special Employees Provident Fund (EPF) withdrawal scheme. Given the challenges, TA Research has projected a slower growth of 7.2% […]
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Thailand
