PETALING JAYA: Malaysia’s trade performance is expected to slow down in the year ahead amid rising headwinds in the global economy. According to economists, with recession risks looming in developed economies such as the United States and European Union (EU), and China’s economy moderating, global demand for goods and services is expected to decline in […]
Read MoreThe global economy in 2023 is expected to be even more complicated and unpredictable, and more difficulties are anticipated, which will require greater efforts. The plenary session of the fifth Vietnam Economic Forum took place under the chairmanship of Prime Minister Pham Minh Chinh on December 17. 8% GDP growth rate Tran Tuan Anh, […]
Read MoreThe government’s latest economic stimulus packages to boost consumer spending during the New Year festive period have drawn mixed reactions from the private sector. While retailers believe the tax rebate packages for shopping will help stimulate consumer spending and the economy, property firms said the new measures would make the market more sluggish, largely because of […]
Read MoreMANILA, Philippines — With inflation remaining elevated until the first half of next year, the Bangko Sentral ng Pilipinas (BSP) expects the tightening cycle to extend beyond the first quarter. In an interview with reporters, BSP Governor Felipe Medalla said he is not ruling out more interest rate hikes in the first two rate-setting meetings […]
Read MoreJAKARTA, Dec 21 (Reuters) – Indonesia’s December inflation rate is seen at 5.4%, but it would ease next year to around 3%, central bank governor Perry Warjiyo said on Wednesday, ahead of a monetary policy review. Bank Indonesia is due to begin a two-day monetary policy meeting later on Wednesday. A Reuters poll had expected […]
Read MoreThe State Bank of Viet Nam (SBV) should continue to take measures against dollarisation and goldenisation in the domestic economy as the markets remain potential risks for the rising speculation and hoarding of the assets, experts said. In recent years, dollarisation and goldenisation have been strictly controlled in the country, which has helped to stabilise […]
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