Pakistani Rupee Slightly Increased Against Strong USD

ISLAMABAD, Nov 5 (NNN-APP) – Pakistani rupee recorded a slight recovery despite the constant strengthening of the U.S. dollar against other currencies, as the greenback was traded at 221.92 rupees in the interbank market yesterday, according to the State Bank of Pakistan (SBP). The U.S. dollar closed at 221.95 rupees…

Thai Central Bank’s Monetary Policy To Consider Economic Outlook, Inflation

BANGKOK, Nov 4 (NNN-TNA) – Thailand’s central bank said yesterday that, its monetary policy would take into account the country’s economic outlook, inflation rate and financial stability. Despite the weakening of the Thai baht, the country’s capital flows remained normal, the Bank of Thailand (BOT) Assistant Governor, Chayawadee Chai-Anant said,…

Vietnam’s Cloth Import Up Eight Percent In 10 Months

HANOI, Nov 4 (NNN-VNA) – Vietnam spent over 12.5 billion U.S. dollars on cloth import, in the first 10 months of this year, posting an increase of eight percent year on year, according to the General Statistics Office, yesterday. Between Jan and Oct, Vietnam imported nearly 1.2 million tonnes of…

Indonesia To Raise Cigarette Excise Tax To Reduce Young Smokers

JAKARTA, Nov 4 (NNN-ANTARA) – The Indonesian government decided to increase cigarette excise tax, to reduce the prevalence of young smokers and increase awareness about the dangers of smoking, for 2023 and 2024, Finance Minister, Sri Mulyani, said, yesterday. The meeting on tobacco excise policy, led by President Joko Widodo,…

Malaysia’s Central Bank Lifts Overnight Policy Rate By 25 Basis Points To 2.75 Pct As Expected

KUALA LUMPUR, Nov 3 (NNN-Bernama) — Central bank of Malaysia has raised the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent, the fourth consecutive hike since May this year as the central bank’s monetary policy committee (MPC) decided to further adjust the degree of monetary…

Lebanon Launched National Strategy For Wheat Cultivation

BEIRUT, Nov 3 (NNN-NNA) – Lebanese Agriculture Minister, Abbas Hajj Hassan, yesterday launched a national strategy for wheat cultivation, amid concerns of a wheat crisis in the country, as the Russia-Ukraine conflict continues to evolve. “We developed a plan for distributing seeds to farmers and monitoring the seasons by seeking…

More Airlines Will Resume Flights To Sri Lanka

COLOMBO, Nov 3 (NNN-XINHUA) – Sri Lankan Minister of Tourism, Harin Fernando, said, Russia’s largest charter airline, Azur Air and the flag carrier of France, Air France, will resume flights to Sri Lanka this week. The minister said that, Azur Air will commence flights to Sri Lanka from today, and…

Malaysia’s Manufacturing Sector Lost Further Momentum In Oct

KUALA LUMPUR, Nov 3 (NNN-BERNAMA) – S&P Global Market Intelligence said, the seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI), slipped from 49.1 in Sept to 48.7 in Oct, indicating a slight moderation. The research house said in a statement, the latest PMI reading is representative of approximately…

Bangladesh’s Oct Exports Fell 7.85 Percent

DHAKA, Nov 3 (NNN-BSS) – Bangladesh exported goods worth 4.36 billion dollars in Oct, which was 7.85 percent lower than the same month a year ago, according to the latest official data, yesterday. However, the Export Promotion Bureau (EPB) data, showed that, Bangladesh’s total exports in the first four months…

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…
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