In the third quarter (Q3) of 2020, Brunei Darussalam’s gross domestic product (GDP) at current prices was estimated at BND4 billion compared to BND4.2 billion in Q3 2019. The oil and gas sector, comprising oil and gas mining and manufacture of liquefied natural gas (LNG), was valued at BND1.8 billion which accounted for 45.4 per […]
Read MoreAccording to the inflation report released by the Central Statistical Organization under the Ministry of Planning, Finance and Industry, the annual rate of inflation in Myanmar, based on the Consumer Price Index, continued dropping to 4.6 per cent in November 2020 as consumer price fell amid the COVID-19 impacts. The US dollar against Kyat is […]
Read MoreTHE decline in Singapore’s retail sales eased in November, falling 1.9 per cent year on year, due mainly to multiple mega sales events held during the month, according to the Department of Statistics (SingStat) on Tuesday. November’s performance is an improvement over the 8.5 per cent year-on-year contraction seen in October. On a seasonally adjusted […]
Read MoreThe Bank of Thailand is set to discuss surging infections with the Thai Bankers Association (TBA) concerning the continuity of business operations and assistance for borrowers. The central bank and the TBA were set to meet near the end of last year to discuss banks’ debt restructuring progress, but the meeting was postponed due to […]
Read MoreMANILA, Philippines — Faster inflation for the past 3 months is not convincing the Bangko Sentral ng Pilipinas (BSP) to reverse course from last year’s aggressive monetary easing that brought record amounts of liquidity to the financial system but risks stoking prices. “We intend to keep this accommodative monetary policy for long. So interest rates, […]
Read MoreThe translation industry going from strength to strength in the Asia-Pacific region is well represented by the growth of an estimated global market currently valued at $56 billion, according to the latest report by trend analyst site MemoQ. The report said that the region remains one of the fastest-growing language service provider (LSP) markets, with […]
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