MANILA, Philippines — The annual pace of inflation was steady in April from March, a welcome stability coming off from an easing the prior month but one that analysts said remained vulnerable to future surges. For now, inflation at 4.5% year-on-year in April would remove some pressure from the Bangko Sentral ng Pilipinas (BSP) to […]
Read MoreVietnamese investors would buy more gold in the coming time, according to a latest survey. Vietnam is the largest gold consuming market in Southeast Asia and among the top 10 in the world, according to Andrew Naylor, Director of ASEAN World Gold Council (WGC). The latest report on personal gold investment in Vietnam, conducted in […]
Read MoreThe annual headline consumer price index (CPI) in April rose for the first time in 14 months due to higher oil and food prices in addition to the ending of government subsidies on utilities, the commerce ministry said on Wednesday. The headline April CPI increased a more than expected 3.41% from a year earlier, also […]
Read MoreJAKARTA (REUTERS) – Indonesia’s economy shrank for the fourth straight quarter in January-March but at a much more modest pace as the government boosted spending and higher commodity prices helped exports, statistics bureau data showed on Wednesday (May 5). The outlook, however, is being clouded by continued Covid-19 infections, which are weighing heavily on household consumption, […]
Read MoreTo make it easier for people living in Phnom Penh’s Red Zones to shop through the Ministry of Commerce’s online site (shop.moc.gov.kh), Cellcard has partnered with the Ministry of Commerce to provide a customer service hotline on the internet. The new hotline is designed to deal with concerns voiced by people in the Red Zones […]
Read MoreThe baht opened at 31.18 to the US dollar on Wednesday, weakening from its previous close of 31.14. The Thai currency is likely to move between 31.15 and 31.25 during the day and between 31.10 and 31.40 this week, Krungthai Bank market strategist Poon Panichpibool said. He said the baht tends to fluctuate according to […]
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