COMPANIES in Indonesia are expected to report the most earnings growth among its Asia Pacific (Apac) emerging market (EM) county peers due to the country’s large proportion of commodity producers that are benefiting from high spot prices this year. According to a recent report by Moody’s Investors Service, Indonesia will post the highest earnings growth […]
Read MoreSINGAPORE’S retail sales grew 13.7 per cent year on year in July, extending the 14.9 per cent increase seen in the month before. On a month-on-month seasonally adjusted basis, retail sales were also up by 0.6 per cent, said the Department of Statistics (Singstat) on Monday (Sep 5). Excluding motor vehicles, retail sales expanded by […]
Read MorePETALING JAYA: Malaysia’s rising inflation, which surged to its highest in more than a year in July, is unlikely to hinder the country’s third quarter (3Q) gross domestic product (GDP) performance for 2022. Malaysia University of Science and Technology professor Geoffrey Williams said he expects subsidies and price controls to continue for the rest of […]
Read MoreMany Japanese businesses believe that Vietnam needs to get rid of the image of an assembly and outsourcing country by creating new technology industries to help solve society’s challenges. At a recent seminar held by Mitsubishi Research Institute on business initiatives towards the future society in Vietnam, Mr. Nguyen Anh Tuan, Deputy Director of the […]
Read MoreDespite slower economic growth in neighbouring countries and zero-Covid measures in China, Thailand’s cross-border trade is still expected to grow by at least 5% this year to 1.80 trillion baht, driven by greater demand for gasoline, edible oil, tyres and auto parts. Pitak Udomwichaiwat, director-general of the Foreign Trade Department, said the department remains bullish on […]
Read MoreMANILA, Philippines — Inflation likely remained elevated, staying above six percent for the third straight month in August due to rising global oil prices as well as increasing demand for goods and services as the economy further reopens from strict COVID quarantine and lockdown protocols, according to economists. Unionbank chief economist Ruben Carlo Asuncion said […]
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