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Philippines: Inflation may breach this year’s target

MANILA, Philippines — The incoming governor of the Bangko Sentral ng Pilipinas (BSP) sees inflation breaching the two to four percent target by 1.5 to 1.7 percent this year on soaring oil and commodity prices. Monetary Board member and incoming BSP chief Felipe Medalla told “The Chiefs” on Cignal’s TV’s One News/TV5 that private forecasters […]

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Thailand: Hopewell, govt trade threats

Transport Minister Saksayam Chidchob has downplayed a threat from Hopewell (Thailand) Co regarding a criminal lawsuit against the government for failing to pay several billion baht in compensation over a cancelled transport project about two decades ago. Saying the matter should be left to the court to decide, Mr Saksayam dismissed the company’s legal threat […]

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