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Monetary tightening in Philippines unlikely for now

THE Philippine central bank chief said on Sunday that domestic inflationary pressures were driven by supply-related factors that do not require monetary policy intervention, and that tightening policy too soon would be more harmful than waiting. Inflation slightly eased in September to 4.8 per cent from a near three-year peak in August. “Since the inflation […]

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Vietnam: Motorbike sales slash nearly 46 percent in Q3

The Vietnam Association of Motorcycle Manufacturers (VAMM) has said its members sold 367,037 motorbikes in the third quarter of 2021, a year-on-year drop of 45.84 percent. The VAMM members, namely Honda, Piaggio, Suzuki, SYM, and Yamaha, are manufacturing and distributing about 100 models of motorcycles with prices ranging from more than 10 million VND to […]

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Cambodia: Petrol price hike fuels anger

Retail petrol prices in Cambodia saw a 200 riel ($0.05) jump on October 16, as international crude benchmarks boil over $80 per barrel. An attendant at a Total petrol station in Phnom Penh, who asked not to be named, told The Post on October 17 that the prices for a litre of diesel, regular and […]

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