[YANGON] Myanmar still expects to export 2 million tons of rice this year, despite a warning from the World Food Programme that millions of people in the strife-torn nation may struggle to afford food over the next few months. Shipments of the grain fell about 35 per cent in February through April from a year […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Bank lending continued its growth streak in March, rising 0.7 per cent on higher housing loans, data from the Monetary Authority of Singapore (MAS) showed on Friday (April 30). Loans through the domestic banking unit – which captures lending in all currencies but reflects mainly Singapore-dollar lending – stood at $691.23 […]
Read MoreThe year-on-year inflation rate continued to rise in Laos last month amid economic distress triggered by the Covid-19 pandemic. According to the Lao Statistics Bureau, the Consumer Price Index (CPI) stood at 114.42 points last month, indicating an inflation rate of 2.48 per cent year-on-year. This was up from the 1.91 per cent recorded in […]
Read MoreJAKARTA: Indonesia plans to reduce its budget deficit next year to within a range of 4.51% to 4.85% of gross domestic product (GDP), from an estimated 5.7% this year, as part of its fiscal consolidation measures, a finance ministry official said yesterday. Febrio Kacaribu, who heads the ministry’s fiscal policy office, told a virtual seminar […]
Read MoreThe growing number of newly established enterprises shows the local economy is firmly on the recovery track, being an attractive destination for businesses. The number of newly established enterprises in the first four months of 2021 rose by a record rate of 17% year-on-year to nearly 44,200, according to the Business Registry Agency. Such figure […]
Read MoreMANILA, Philippines — Metro Manila, the main economic hub which became the epicenter of the COVID-19 outbreak in the country, suffered a 10.1 percent contraction in output last year as mobility restrictions took a toll on services crucial to growth. In the latest Regional Accounts of the Philippines report released by the Philippine Statistics Authority […]
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Thailand
