KUALA LUMPUR: Malaysia’s inflation rate in February 2023 remained at 3.7%, led higher by growing costs in food and hospitality. The rate of increase, which brought the consumer price index (CPI) to 129.8, was on a par with the increase in January, and higher than the 3.6% median forecast of a Reuters poll of economists. […]
Read MoreSINGAPORE – Core inflation may have held firm in February after a faster rise in electricity and retail prices offset a slower increase in services costs, but some analysts believe respite is in sight amid the global banking turmoil. Core consumer prices, which exclude private transport and accommodation costs, and reflect the expenses of Singapore […]
Read MoreChina is the largest supplier of raw materials for Cambodia’s garment industry, accounting for about 80 percent of the total requirement and has been contributing to keep the production chain busy even during the Covid-19 pandemic, said Prime Minister Hun Sen. China is the largest supplier of raw materials to garment-producing countries including Cambodia, the […]
Read MoreMANILA, Philippines — As expected, the Bangko Sentral ng Pilipinas (BSP) dialed down its tightening cycle as it delivered a smaller 25-basis-point increase amid easing, but persistent price pressures. BSP Governor Felipe Medalla said the decision of the Monetary Board brought the overnight reverse repurchase rate to 6.25 percent from six percent, the highest since […]
Read MoreUncompetitive prices of imported sugar after anti-dumping taxes will boost demand for locally produced sugar. HÀ NỘI — Businesses in the sugar industry will rebound, buoyed by higher sugar prices and anti-dumping measures on some sugar cane products originating from Thailand. In February, raw sugar futures hovered at the 6-year high of roughly US 22 cents […]
Read MoreIn January 2023, the consumer price index (CPI) in the Sultanate month-on-month decreased by 0.7 per cent as compared to December 2022, contributed by the decrease in non-food group by 0.9 per cent. However, food and non-alcoholic beverages group increased by 0.3 per cent, said the Department of Economic Planning and Statistics , Ministry of […]
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Thailand
