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Philippines: Inflation eases to 3.1% in May

MANILA, Philippines – Inflation eased to a four-month low of 3.1 percent in May from 3.4 percent in April amid slower price adjustments in both food and non-food commodities, the Philippine Statistics Authority (PSA) reported yesterday. Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said the latest inflation figure was within the central bank’s […]

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Laos: Top Thai Brands 2017 Opens in Vientiane

(KPL) Over 300 booths from Thailand have brought their products to display and sell at the Top Thai Brands 2017 trade fair held at the ITECC Mall (old building) in Vientiane Capital from June 7-11. The Department of International Trade Promotion has been working in close cooperation with three main business associations: the Thai Chamber […]

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Firms jittery as baht keeps rising

The Thai business sector has voiced concern that the rapid gain of the baht will take a toll on exports, causing the economic recovery to falter, says the Thai Chamber of Commerce (TCC). Chairman Kalin Sarasin said the business sector wants the Bank of Thailand to monitor baht movement closely to ensure it is ready […]

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Indonesia: Tax Revenue Reaches Rp463.5tn in May

TEMPO.CO, Jakarta – Finance Ministry recorded a tax revenue that reached Rp463.5 trillion in May, which is 30.9 percent from the 2017 State Budget target. The government is targeting to achieve Rp1,498.9 trillion of tax revenue by the end of this year. “It’s a positive growth, this is 13.9 percent better than the previous year. Our […]

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