logo
Read More

Thailand: June inflation down slightly from May

Inflation rose by 1.38 per cent in June compared to the same month last year, but was down slightly from May’s 1.49 per cent, the Commerce Ministry reported on Monday. It ascribed the increase in June to a hike in energy prices but noted that the price of fresh foods dropped 1.75 per cent from […]

Read More
logo
Read More

Philippines: Weaker peso to spur tourist spending

MANILA, Philippines — A weaker peso is seen boosting tourism receipts as foreign tourists spend more as they get more value for they money, an official of the Department of Tourism(DOT) said. “A stronger US dollar against the Philippine peso will mean more purchasing power for foreign tourists visiting the country,”Tourism Undersecretary Benito Bengzon told The […]

Read More
cam02
Read More

National Bank of Cambodia warns of dodgy lenders

The National Bank of Cambodia (NBC) announced on Friday that it is seeking to cooperate with relevant stakeholders to crack down on illegal lenders. It also alerted the public about the dangers of taking cash loans from unfamiliar sources. The NBC’s message noted that illegal lenders were boosting their loan advertisements on social media, distributing […]

Read More
malay01
Read More

Malaysia may face risk of contagion effect from EM crisis

PETALING JAYA: Countries like Malaysia could face the risk of a contagion effect from emerging market (EM) crisis due to the high level of debt despite not operating under the environment of “twin deficit”. AmBank Group chief economist Dr Anthony Dass said on Monday the risk of a contagion effect was premised on the country’s […]

Read More