(Bloomberg) — Indonesia’s central bank will likely maintain its key rate steady for a third straight meeting in what some analysts see as a signal of a lengthy pause as price pressures ease and the currency strengthens. All 30 economists in a Bloomberg survey expect Bank Indonesia on Tuesday to maintain its seven-day reverse repurchase […]
Read MorePETALING JAYA: Malaysia’s Industrial Production Index (IPI) experienced a 3.6% year-on-year (y–o-y) growth in February this year, underpinned by accelerated activities in the manufacturing sector, the Statistics Department has revealed. The growth in February was an improvement from the previous month, as January saw a modest IPI y-o-y expansion rate of 1.8%. In an IPI […]
Read MorePrime Minister Prayut Chan-o-cha is feeling upbeat regarding Thailand’s economic recovery, citing the forecasts of several reputable economic agencies including the Asian Development Bank (ADB) and Japan Center for Economic Research (JCER) that anticipate a rebound in 2023 and 2024. According to government spokesman Anucha Burapachaisri, Gen Prayut credits the agencies for the evaluation and Thais […]
Read MoreSINGAPORE, April 12 (Reuters) – Singapore’s economy is likely to have expanded at a slower pace in the first quarter, posing a challenge for the central bank as it seeks to balance containing persistent inflation with efforts to shore up weakening growth. Preliminary data due on Friday is seen showing gross domestic product (GDP) expanded […]
Read MoreThe retail price of regular gasoline or gasoline 92 (EA92) in Cambodia’s domestic market rose to the highest level in the last two months at 4,450 riels per litre. The price is applicable from April 11 to 20, 2023, or during the Khmer New Year Festival, according to the latest statement from the Ministry of […]
Read MorePHILIPPINE President Ferdinand Marcos Jr’s approval ratings edged lower due to public dissatisfaction over his government’s handling of inflation, but he remains popular, an opinion poll showed on Wednesday. The Pulse Asia survey found that 78 per cent of 1,200 respondents polled in March approved of Marcos’ performance, lower than the 82 per cent he […]
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