MANILA, Philippines — The country’s raw sugar production continued to decline for the sixth consecutive week, dropping 9.5 percent in the fourth week of April. Figures from the Sugar Regulatory Authority showed that raw sugar production reached 1.67 million metric tons (MT) as of April 24, lower than the 1.85 MT in the same period […]
Read MoreAN historic rise in commodity prices and reopening of the economy from Covid-19 curbs helped Indonesia stay on a recovery path in the first quarter, but analysts say headwinds are growing from global monetary tightening and the war in Ukraine. Already, annual consumer prices in April rose 3.47 per cent from a year earlier, the […]
Read MoreMotorists in the nation’s capital queued for hours yesterday in the hope of filling up their tanks before pumps ran dry. Provinces across the country have been suffering shortages for weeks, with early warning signs as Luang Namtha ran out of fuel in late March. The situation worsened in Pakse and Savannakhet, before finally hitting Vientiane Capital yesterday […]
Read MoreThe question for Vietnam is how to become a high-income economy while increasing productivity and protecting its resources. This is the issue addressed by Manuela V. Ferro, the World Bank’s Vice President for East Asia and Pacific, in an article “To prosper, Vietnam needs to increase efficiency”. “For Vietnam to achieve the desired transformation results, […]
Read MoreKUALA LUMPUR (Reuters) — Malaysia’s production and exports of palm oil are expected to rise 30% by the end of this year, amid increased demand after neighboring Indonesia banned exports and following the re-entry of plantation workers from abroad, a minister said. Malaysia, the world’s second-largest palm oil producer after Indonesia, stands to benefit from a global […]
Read MoreThai stocks extended losses on Monday as investors worry strong US jobs reports and the prolonged Russia-Ukraine war will drive the Federal Reserve to move with more aggressive and quicker rate hikes to fight inflation. The markets expect the war will keep energy prices high, making it more challenging for central banks globally to control […]
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Thailand
