Bank Indonesia’s (BI) latest assessment on the country’s consumer confidence revealed that domestic consumers have a largely optimistic outlook on the present economic situation, although they are less upbeat in their expectations for the next six months. The consumer confidence index (IKK) was down to 126.4 in June from 128.2 in the previous month as […]
Read MoreGENEVA: The Philippines has banned imports of pigs and pig products from Laos due to an African swine fever outbreak, it said in filings published by the World Trade Organization on Tuesday. The Philippines’ move follows similar steps by China and Thailand, following an outbreak in Laos’ southern province of Saravane. The Philippines also said […]
Read MoreBANGKOK: Thailand’s central bank is fretting over how to cool the world-beating surge in the baht just as the US keeps a watchful eye out for signs of unfair currency policies. Bank of Thailand officials intensified verbal intervention in the past week, with senior director Don Nakornthab saying on Wednesday the “worried” monetary authority is […]
Read MoreThe market share of online grocery sales in Southeast Asia is expected to remain small despite these markets seeing some of the fastest growth according to international researcher IGD Asia. Its latest forecasts puts online sales generated by Asia by 2023 at US$2,264 billion, which is almost the same as Europe and North America combined. […]
Read MoreMANILA, Philippines — The government has collected P5.9 billion in rice tariffs since the liberalization of rice imports in March, according to the Department of Finance. Citing preliminary data from the Bureau of Customs (BOC), the DOF said the private sector has imported 1.43 million metric tons (MMT) of rice since the implementation of the […]
Read MoreThe Lao Ministry of Energy and Mines is trying to cut electricity prices so that power is affordable for local residents and businesses. Many consumers in Laos have been complaining about their escalating electricity bills. The tariff is high when compared to neighboring countries, Lao Minister for Energy and Mines Khammany Inthirath, acknowledged at the […]
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