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Philippines: Inflation picks up to 3.1% in August

MANILA, Philippines — Inflation further picked up in August, hitting a three-month high of 3.1 percent as food and oil prices spiked during the period, the Philippine Statistics Authority (PSA) said yesterday. The faster increase in the consumer price index last month likewise brought average inflation to 3.1 percent in the first eight months of […]

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Malaysian exports soared in July

KUALA LUMPUR — Malaysia’s export growth in July exceeded expectations, rising 30.9% from a year earlier, government data showed on Wednesday, on higher shipments of manufactured products and mining goods. The pace of expansion beat the 23.1% rise forecast by a Reuters poll and tripled the 10% growth posted in June. Shipments of manufactured goods, […]

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Thailand-Cambodia: Double-tax waiver draft approved

The cabinet yesterday approved a draft agreement for an exemption from double taxation between Thailand and Cambodia, aiming to promote investment links with the private sectors of the neighbouring nations. According to Kobsak Phutrakul, assistant minister to the Prime Minister’s Office, once in effect the deal will play a key role in enhancing Thai investment […]

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