BANGKOK: Thailand’s January headline consumer prices in January rose on an annual basis at their fastest pace in more than two years, driven by higher food and retail oil prices, commerce ministry data showed on Wednesday. But the inflation rate remains relatively low, giving the Bank of Thailand leeway to keep monetary policy loose to […]
Read MoreMANILA, Philippines – The proposed tax reform package of the Department of Finance (DOF) will have a positive impact on the country’s economic growth, according to a senior official of the Bangko Sentral ng Pilipinas. BSP Deputy Governor Diwa Guinigundo expressed support for the DOF’s proposed Comprehensive Tax Reform Program. “The BSP supports very strongly […]
Read MoreKUALA LUMPUR: Broad money or M3 recorded a stable annual growth of 3.0% in December, compared with 2.9% in November. In a statement, Bank Negara said the expansion in M3 was driven mainly by the continued extension of credit to the private sector by the banking system. The expansion, however, was partially offset by the […]
Read MoreThe inflation rate in Laos jumped to 2.49 percent in December 2016, which is considered to be the highest rate in two years. Inflation has been rising gradually over the past three or four months and there is no sign that it will go down, economists say. Speaking to Vientiane Times on Monday, a senior […]
Read MoreSINGAPORE – Starting April 1 this year, businesses and entrepreneurs will enjoy lower fees when they file for patent and trademark protection with the Intellectual Property Office of Singapore (Ipos). Ipos said it reviews its fees regularly to keep them competitive with other countries, and encourage local innovation. From April 1, fees will be reduced […]
Read MoreAs the Asean Economic Community (AEC) enters its second year, Thailand is set to lose further market share in agricultural and processed agricultural products to Cambodia, Laos, Myanmar and Vietnam (CLMV), new research says. According to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, […]
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