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Malaysia scheduled to present budget 2023 by early March

  Bloomberg Malaysia will have to present the new spending plan for 2023 to parliament by the first quarter of next year, Prime Minister Anwar Ibrahim said. He said this as he tabled a special allocation involving 107.7 billion ringgit ($24 billion) in the House of Representatives. Anwar, who doubles as finance minister, said the bill was for the purpose ...

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Food inflation fears send Thai rice exports to four-year high

  Bloomberg Thailand, the world’s biggest rice exporter after India, is on track to ship the highest volume in four years as importing countries boost purchases to replenish stockpiles and keep a lid on food inflation. Exports will probably climb to 8 million tons this year as a weak currency boosts competitiveness and countries such as China look to rebuild ...

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Korea early trade shows more export drop

  Bloomberg South Korea’s early trade data showed an export-slump persisting in December in the face of stiffening global economic headwinds. Shipments decreased 8.8% in the first 20 days of the month compared with a year earlier, the customs office said on Wednesday. That compares with a 14% drop for the full month of November. The country posted a $6.43 ...

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