Tag: Covid-19

Cambodia's international trade surged in 2022, with total foreign trade reaching $52.425 billion, representing a 9.19% year-over-year increase. Imports and exports grew by 4.32% and 16.44% respectively, while the trade deficit reduced by 20.60%, signaling positive economic momentum.

Singapore's core consumer price index rose 2.2% in February, lower than expected, but authorities warn of potential inflation pressures from global supply constraints and geopolitical tensions. The Monetary Authority of Singapore suggests ongoing challenges despite anticipated easing of external supply issues in the second half of 2022.

Asian stocks declined on Tuesday, with MSCI's Asia-Pacific index falling 1.97%, driven by concerns over the Ukraine war, potential U.S. interest rate hikes, and China's rising COVID-19 cases. Chinese stocks showed pronounced weakness, reflecting broader market uncertainty and economic challenges.