Singapore’s Manufacturing PMI Declined To 49.7 In Oct

SINGAPORE, Nov 3 (NNN-XINHUA) – The Singapore purchasing managers’ index (PMI), an early indicator of manufacturing activity, dipped 0.2 points from the previous month, to post the second month of continued contraction at 49.7. The latest PMI reading was attributed to a faster contraction in the key indexes of new…

All Freight Stations Of China-Laos Railway In Laos Start Operation

VIENTIANE, Nov 3 (NNN-KPL) – With Muangxay Station starting freight service, all the seven freight stations along the Lao section of the China-Laos Railway have been put into operation. The progress is laying a solid foundation to increase next year’s freight volume of the railway, which was officially opened in…

Myanmar’s Rice Exports Up 20.58 Percent In Oct Year On Year

YANGON, Nov 3 (NNN-MNA) – Myanmar exported over 136,205 tonnes of rice in Oct this year, up 20.58 percent from the same period of last year, according to the Myanmar Rice Federation (MRF), yesterday. The country also exported 26,983 tonnes of broken rice in Oct, compared to 103,417.5 tonnes in…

Singapore Launched New Process To Digitalise Banker’s Guarantees, Insurance Bonds

SINGAPORE, Nov 3 (NNN-XINHUA) – Singapore’s Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS), yesterday jointly launched a digital process for businesses and individuals, to provide a banker’s guarantee or insurance bond to government agencies, within a day. Singapore’s Deputy Prime Minister and Minister for Finance, Lawrence…

Vietnam’s Phone Export Up 7.6 Percent In 10 Months

HANOI, Nov 2 (NNN-VNA) – Vietnam earned over 50.1 billion U.S. dollars from exporting phones and components, in the first 10 months of this year, according to the country’s General Statistics Office, today. The number accounts for more than 16 percent of the country’s total export revenue over the period,…

New Zealand Unemployment Rate Remained At 3.3 Percent: Statistics

WELLINGTON, Nov 2 (NNN-XINHUA) – New Zealand’s unemployment rate was 3.3 percent in the Sept, 2022 quarter, unchanged from last quarter, the country’s statistics department, Stats NZ said, today. While the unemployment rate remained level, the underutilisation rate, a broader measure of spare labour capacity, dipped slightly to nine percent,…

Indonesia’s Foreign Arrivals Jumped In Sept

JAKARTA, Nov 2 (NNN-ANTARA) – Statistics Indonesia said yesterday that, the country recorded nearly 540,000 foreign tourists in Sept, a huge increase compared to the number of 5,000, registered in the same month last year. At a press conference, the agency’s Deputy for Distribution Statistics and Services, Setianto also said…

India’s Gold Demand Reached Pre-Pandemic Levels In Third Season

MUMBAI, Nov 2 (NNN-PTI) – India’s gold demand reached pre-pandemic levels, with Asia’s third largest economy demand for the yellow metal in Jul-Sept, standing at 191.7 tonnes, up 14 percent over last year, according to a report by the World Gold Council, yesterday. Strong consumer interest helped the year-to-date demand…

Australia Lifted Cash Rate To 2.85 Percent Amid 32-Year-High Inflation

SYDNEY, Nov 2 (NNN-AAP) – Australia’s central bank announced yesterday, a back-to-back interest rate hike for seven months in a row, by 25 basis points to 2.85 percent, in a bid to rein in the country’s “too high” inflation. Philip Lowe, governor of the Reserve Bank of Australia, noted in…

Baghdad Int’l Trade Fair Reopened After A Three-Year Hiatus

BAGHDAD, Nov 2 (NNN-NINA) – Iraq, yesterday, opened the 46th Baghdad International Fair, in the Iraqi capital, Baghdad, after a three-year hiatus due to the COVID-19 pandemic. Iraq’s Minister of Trade, Atheer Daoud al-Ghurairy, inaugurated the exhibition, which was attended by more than 363 companies from 13 countries, his ministry…
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