KUALA LUMPUR: The Producer Price Index (PPI) for local production, which measures prices of goods at the factory gate, declined further to – 2.9 per cent in March 2023 as against – 0.8 per cent in February 2023, the Department of Statistics Malaysia (DoSM) said. In a statement today, chief statistician Datuk Seri Dr Mohd […]
Read MoreTHOUGH economic conditions have become gloomier, firms should press on with transforming for productivity, said Singapore National Employers Federation (SNEF) president Robert Yap in his May Day Message on Thursday (Apr 27). He noted that while Singapore’s economic growth and labour market improved – employment grew while unemployment and retrenchment fell – in 2022, productivity […]
Read MoreBrunei Darussalam saw an increase of 7.9 per cent year-on-year in total trade from BND2,287.5 million in January 2022 to BND2,469 million in January 2023, according to the Department of Economic Planning and Statistics’ International Merchandise Trade Statistics report for January 2023. The rise was primarily contributed by an 20.8-per-cent increase in export value from […]
Read MoreThough Thai exports fell for a sixth consecutive month in March and the global economy remains sluggish, the Commerce Ministry remains confident shipments can meet the growth target of 1-2% this year. According to Deputy Commerce Minister Sinit Lertkrai, the export trend for the second quarter began negatively, but the contraction rate is decreasing and should turn […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to gradually slash interest rates after aggressive rate hikes over the past year to fight inflation and stabilize the peso. BSP Governor Felipe Medalla told reporters that the Philippines is not likely to mimic the monetary policy actions of other central banks, particularly the […]
Read MoreImax Corporation has struck a deal with Major Cineplex to create up to 10 new Imax With Laser systems in Thailand and Cambodia. The deal, announced at CinemaCon on Monday, will bring five new (two film and three conditional) systems in Thailand and carry out four upgrades to key locations in the country by 2025 […]
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