KUALA LUMPUR: The volume index of wholesale and retail trade registered a growth of 25.9 per cent to 144.5 points in the third quarter (Q3) of 2022 compared with the same quarter in the previous year, said the Department of Statistics Malaysia (DoSM).
Business-to-Business E-Commerce Market Report by The Business Research Company covers the market drivers, restraints, major players, and the impact of COVID-19
KUALA LUMPUR: Malaysia’s wholesale and retail trade has set a new sales record in May 2022, growing by 19.9 per cent year-on-year (y-o-y) to RM129.8 billion the highest sales recorded since 2013, said the Department of Statistics Malaysia (DoSM).
MANILA - Universal and commercial banks (U/KBs) in the Philippines sustained their growth and continued to support the country's financing requirements, according to the Bangko Sentral ng Pilipinas (BSP). "Key U/KB performance indicators showed a steady rise in assets, loans, and deposits, and sustained profitability with ample credit loss reserves, sufficient liquidity and capital buffers," BSP Governor Benjamin Diokno said in a statement. U/KB assets grew by 8.2 percent year-on-year (YoY) to PHP19.4 trillion at end-April 2022, higher than the 4-percent growth posted a year ago. The growth was financed mainly by deposits, which rose by 8.7 percent during the same period. The total loan portfolio, which largely comprised U/KBs' assets, went up by 9.8 percent to PHP10.7 trillion at end-April 2022. These loans were extended to productive sectors like real estate, wholesale and retail trade, and manufacturing. U/KB credit to micro, small and medium enterprises stood at P