THAILAND’S retail inflation is poised to accelerate from a 13-year high with the government lifting a freeze on some retail fuel prices, boosting the odds for the central bank to pivot away from its pandemic-era monetary policy accommodation. Retail diesel prices will increase from May 1 after efforts to subsidise the fuel ended up with […]
Read MoreSINGAPORE’S core inflation could hit a peak of around 4 per cent in the third quarter before moderating in late 2022, amid rising price pressures that have been intensified by the Russia-Ukraine war, the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review on Thursday (Apr 28). This is assuming that there is […]
Read MoreINDONESIA should be able to tackle its cooking oil shortage in the next few weeks and lift an export ban on palm oil and its refined products in May, an industry body said on Thursday (Apr 28), a day after a last-minute policy U-turn sparked more alarm for markets. The world’s top palm oil producer […]
Read MoreFrom now on, foreigners can enter or exit Vietnam through Van Don International Airport in the northerneastern province of Quang Ninh. The move is in line with a decision signed recently by Deputy Prime Minister Pham Binh Minh, announcing the list of international border gates accepting foreign entries and exits on e-visas. Previously, eight eligible […]
Read MoreState authorities and tourism operators have asked the government to reopen the country to the citizens of all countries starting on May 1. The proposal was made following a meeting between the Ministry of Information, Culture and Tourism and tour operators. The meeting recommended that tourists must have been fully vaccinated at least 14 days […]
Read MoreThe baht opened at 34.44 to the US dollar on Friday, strengthening slightly from Thursday’s five-year low of 34.46. The currency is expected to move in a range between 34.35 and 34.50 on Friday, said Krungthai Bank market strategist Poon Panichpibool. Poon forecast the baht would fluctuate and likely test the resistance level of 34.50. […]
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