Food prices in Myanmar are on the rise, driven by demand from abroad and other international factors. Palm oil prices are up by more than 35 percent over the past three months and now fetches more than K2100 per viss (1.63 kilogrammes). That’s because global prices have been on the rise, driven by demand for […]
Read MoreMANILA, Philippines — Dutch financial giant ING Bank expects inflation and bond yields to rise as a result of a stronger economic performance for this year. “With the domestic speed bumps in the rear view mirror, we can expect growth to pickup in 2020 and return to six percent firing on all cylinders form. The […]
Read MoreExporters and the Commerce Ministry are concerned the US-Iran conflict may stymie global trade if the standoff worsens. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said a group of exporters is worried tensions in the Middle East will escalate and affect Thailand’s export opportunities to the region, which is an important market. […]
Read MoreIndonesia recorded inflation of 2.72 percent in 2019, the lowest level in around two decades, thanks to lower inflationary pressure from government-regulated prices, Statistics Indonesia (BPS) announced on Monday. The figure is far lower than the government’s 3.5 percent target as stated in the 2019 state budget and is within Bank Indonesia’s target of between […]
Read MoreThe Hanoitimes – The resolution is a necessary move to ensure sustainable development of Vietnam’s exports and lawful rights of local compliant traders. The Vietnamese government on December 31, 2019 issued Resolution No.119/NQ-CP with an aim to address rampant cases of origin fraud and illegal transshipment, in a move to show its determination to ensure fair […]
Read MoreThe Ministry of Planning, Finance and Industry is drafting a Secured Transactions Law with assistance from the International Finance Corporation, U Htun Zaw, Deputy Director General of the Financial Regulatory Department, said. The aim of the legislation is to facilitate the establishing of a modern and formal credit market through which borrowers can take loans […]
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Thailand
