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Laos Suffers Trade Deficit of USD 137m in 2019

Laos recorded a trade deficit of USD 137 million in 2019, although the country exported more than its yearly plan. The value of exports last year stood at USD 5.603 billion, exceeding the goal of USD 5.516 billion. However, imports were recorded at only USD 5.74 billion, falling behind the goal of USD 5.775 billion, Xinhua […]

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Myanmar inflation peaks at 8.8% in December 2019

Inflation in 2019 peaked at 8.81 percent in December, the highest level in 12 months, according to the latest available data released by the Central Statistical Organisation (CSO). In January 2019, inflation was 6.94pc. The higher inflation levels are due to steeper electricity tariffs implemented by the government since July last year. Other reasons include […]

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Bank of Thailand readies rejig of fees

The Bank of Thailand plans to implement practice guidelines to regulate financial institutions’ fee charge calculation for products and services in the third quarter as part of a push for a fairer fee structure, a senior official says. The guidance will cover fee charges for 300 items across business segments including corporate, small and medium-sized enterprises […]

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