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Thailand: Commerce Ministry sees -1% inflation

Thailand’s inflation rate may be as low as -1% this year as the escalating spread of Covid-19 has weakened overall domestic demand. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, the planning unit of the Commerce Ministry, said a -1% inflation rate would be Thailand’s lowest ever. The inflation rate was -0.9% in […]

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Indonesia: To your doorstep: Pertamina launches gas, fuel delivery service amid pandemic

Indonesia’s largest fuel distributor, state-owned Pertamina, has launched a free door-to-door delivery service for customers in Pekanbaru, Riau, to facilitate physical distancing amid the COVID-19 pandemic. The energy giant deployed four motorcycles earlier this week to deliver gasoline, diesel, lubricants and 5.5-kilogram liquefied petroleum gas (LPG) canisters around Pekanbaru. The service is available from 8 a.m. […]

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Philippines: Inflation slows to 2.5% in March

MANILA, Philippines — The nationwide inflation rate slowed down in March due mainly to lower demand for transportation, fuel as well as alcoholic beverages and tobacco, the Philippine Statistics Authority (PSA) reported yesterday. The headline consumer price index eased to 2.5 percent in March from 2.6 percent in February and 3.3 percent in March 2019. […]

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