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Brunei’s CPI increases by 2.2pc in Sept 2021

The consumer price index (CPI) in September 2021 increased by 2.2 per cent year-on-year compared to September 2020. Prices of food and non-alcoholic beverages increased by 2.5 per cent. Meanwhile, non-food prices increased by 2.1 per cent. The CPI increase was largely attributed to increases in the prices and costs of transport (7.8 per cent); […]

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Thailand: MBK to buy stakes in street food brands

Shopping centre operator MBK Plc intends to buy stakes in Thai street food brands as part of its efforts to reduce business risks and raise new income. Somphol Tripopnart, MBK’s managing director of shopping centre business, said the company is now in talks with 4-5 popular street food brands in Bangkok, Chiang Mai and Chachoengsao […]

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Philippines: Remittances grow 5.4% in 10 months

MANILA, Philippines — Remittances from overseas Filipinos sustained their growth momentum for nine straight months, hitting a three-month high in October as the Christmas season approaches, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said personal remittances increased by 2.4 percent to a three-month high of $3.12 billion in October from $3.04 […]

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Vietnam: Struggling enterprises to offer Tet bonuses despite financial woes

Many domestic enterprises are suffering serious losses or only fulfilling half of their annual plans due to the impact of the COVID-19 pandemic, but they are still managing to offer Tet (Lunar New Year) bonuses to their workers. Ngo Duy Hieu, vice chairman of Vietnam General Confederation of Labour (VGCL), said at a recent press conference that many businesses and employees were struggling to overcome difficulties amid the complex […]

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