The manufacturing production index (MPI) for February was down 1.08% from a year earlier, weighed down by lower oil production, the industry ministry said on Wednesday. The reading compared with a forecast for a rise of 0.1% in a Reuters poll and January’s revised 2.0% fall. Output in March is expected to rise due to […]
Read MoreSINGAPORE’S bank lending rose for the fourth straight month in February on continued growth in housing and construction loans, data from the Monetary Authority of Singapore (MAS) showed on Wednesday. Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – were up 0.5 per cent to […]
Read MoreAn official from the Ministry of Commerce said the Regional Comprehensive Economic Partnership agreement (RCEP) will definitely open up opportunities for Cambodia. He was speaking in response to a report released by the United Nations Conference on Trade and Development (UNCTAD) citing potential serious negative effects of the RCEP. Penn Sovicheat, undersecretary of state for […]
Read MoreWind power developers, who are running against time to put their projects into operation prior to November 2021, now face another problem: they may not get a VAT (value added tax) refund because of certain regulations. Vo Duy Tan, director of Phong Lieu Wind Power JSC, said at a recent conference held by the Quang […]
Read MoreSINGAPORE: As Brazil, Russia and Turkey lift interest rates to ward off inflation and currency pressures, investors are beginning to prod Asia’s central banks to follow suit, setting up a potential showdown with countries keeping rates at record lows. South Korea and Indonesia, where central bankers have cut hard and downplayed the prospect of imminent […]
Read MoreKUALA LUMPUR, March 31 — Despite movement restrictions and rapid acceleration in e-commerce and online spending in 2020, cash remained the most prevalent medium of payment in the year, which saw an annual growth of 14.3 per cent, the highest increase in currency in circulation in the last 10 years. “At the end of 2020, […]
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Thailand
