by Teuvo Tuomi | Jun 30, 2023 | ASEAN, Environment, Health, Philippines
The Philippines is among the Asian countries that are most vulnerable to El Niño in terms of impact on economic growth, prompting a monetary policy rate hike, according to Nomura Group. Climate experts have announced that El Niño will bring lower-than-usual rainfall...
by Teuvo Tuomi | May 4, 2023 | Vietnam, Economy, Food & Drinks
The consumer price index (CPI) in April decreased by 0.34% month-on-month, but increased by 2.81% year-on-year, according to the General Statistics Office (GSO). In the first four months of this year, the index rose by 3.84% year-on-year, mainly due to increases in...
by Teuvo Tuomi | Feb 23, 2023 | ASEAN, Business, Economy, News, Singapore, Southeast Asia
Singapore’s key consumer prices rose 5.5% in January, faster than the preceding month but slightly below forecast, official data shows. A Reuters poll of economists had forecast a 5.6% increase in January. The core inflation rate is higher than the 5.3% seen in...
by Teuvo Tuomi | Dec 30, 2022 | Linkss, ASEAN, Economy, News, Southeast Asia, Vietnam
Vietnam’s economy grew by 8% this year. According to the General Statistics Office of Vietnam (GSO), this is the biggest rise since 2011. Manufacturing, construction, and processing were major economic drivers at 8.1%, contributing over 38% to the total GDP. The...
