Philippine Inflation Rate Accelerated To 6.9 Percent In Sept

MANILA, Oct 5 (NNN-PNA) – Year-on-year inflation in the Philippines accelerated to 6.9 percent in Sept, from 6.3 percent in Aug, the highest since Oct, 2018, the Philippine Statistics Authority (PSA) said today. The latest figure brings the average inflation in the first nine months to 5.1 percent. PSA head,…

Pakistani Rupee Continued Strong Recovery Against USD

ISLAMABAD, Oct 5 (NNN-APP) – The Pakistani rupee continued to gain a strong recovery against the U.S. dollar, as the greenback was traded at 225.64 rupees in the interbank yesterday, according to the State Bank of Pakistan. The U.S. dollar closed at 227.29 rupees on Monday, and yesterday it went…

Malaysia’s Average Monthly Salaries, Wages Rose 3.5 Percent In 2021

KUALA LUMPUR, Oct 5 (NNN-BERNAMA) – The average monthly salaries and wages in Malaysia rebounded by 3.5 percent, to register 3,037 ringgit (654 U.S. dollars) in 2021, official reports showed yesterday. The median monthly salaries and wages in Malaysia accelerated by 9.1 percent to 2,250 ringgit (484 U.S. dollars) in…

Philippine Central Bank Relates Weakening Peso To Strong USD

MANILA, Oct 5 (NNN-PNA) – The Philippine central bank said yesterday, the depreciation of the Philippine peso “reflects global developments,” particularly the strengthening of the U.S. dollar. “There are many reasons why financial markets worldwide have been experiencing notable changes, thus far, in 2022. Among the pronounced developments is a…

Cambodia, Cuba Signed Agreements To Increase Cooperation In Sports, Culture

PHNOM PENH, Oct 5 (NNN-AKP) – Cambodia and Cuba signed yesterday, two more agreements on boosting bilateral cooperation in the areas of sports and culture, a Cambodian senior official said. Cambodian Prime Minister, Samdech Techo Hun Sen and visiting Cuban Prime Minister, Manuel Marrero Cruz, presided over the signing ceremony…

Morocco, Saudi Arabia Vowed To Boost Trade Cooperation

RABAT, Oct 5 (NNN-MAP) – Morocco and Saudi Arabia, pledged yesterday, to boost trade and economic cooperation, at a bilateral economic forum held in Casablanca, the commercial hub city of Morocco. Morocco aims to increase its trade with Saudi Arabia to five billion U.S. dollars in the next five years,…

Thailand’s Economic Recovery Intact Despite Global Slowdown: Central Bank Governor

BANGKOK, Oct 5 (NNN-TNA) – Thailand’s central bank governor said yesterday that, the country’s economic recovery would remain intact, despite the global economic volatility. The Thai economy is expected to grow 3.3 percent year on year in 2022, and 3.8 percent in 2023, boosted by improving consumption and the tourism…

Mongolia’s Central Bank Increased Gold Reserve To Stabilise Economy

ULAN BATOR, Oct 4 (NNN-XINHUA) – Mongolia’s central bank, said today that, it had purchased 15 tonnes of gold from entities and individuals, so far this year, registering a one percent increase on an annual basis. As of Aug, the Bank of Mongolia’s average gold purchase price had been 184,565…

Saudi Arabia Launched Firm To Develop Downtown Areas In 12 Cities

RIYADH, Oct 4 (NNN-SPA) – Saudi Arabian Crown Prince, Mohammed bin Salman Al Saud, announced yesterday, the launch of the Saudi Downtown Company, for urban development across the kingdom. Affiliated with the Saudi Public Investment Fund, the company will build and develop downtown areas and mixed-use destinations in 12 cities,…

Iran Expected To Receive Frozen Assets In ROK Via Third Country’s Central Bank: Media

TEHRAN, Oct 4 (NNN-IRNA) – Iran is expected to receive its frozen assets from the Republic of Korea (ROK), via the central bank of a third regional country, the Nour News, affiliated with Iran’s Supreme National Security Council, reported yesterday. With the continuation of the indirect negotiations between Iran and…
Load More