Indonesia lifting a three-week-old ban on palm oil exports and the government’s decision to curb wheat exports will help ease food inflation and thereby the overall consumer price index (CPI) inflation in the coming months, according to economists. However, food inflation may still remain above the headline rate in the short term. Food inflation came […]
Read MoreThe Ministry of Industry and Commerce and the Lao Fuel and Gas Association are urging members of the public to be frugal in their use of fuel and not to travel unnecessarily, so that enough reserves of petrol are available for use for farming and other essential activities. Careful use of fuel is the only […]
Read MoreXinhua – The Regional Comprehensive Economic Partnership (RCEP) free trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have injected a new impetus into the Cambodia-China trade, a Cambodian official said. China is currently the largest trading partner of Cambodia, according to official figures from Cambodia. Cambodian Ministry of Commerce’s undersecretary of state and spokesman Penn […]
Read MoreMANILA, Philippines — The Philippines continued to fall behind its Southeast Asian neighbors in motor vehicle production, being the only country out of six that registered a decline in output in the first quarter. Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) data showed 18,137 motor vehicles were assembled in the Philippines in the […]
Read MoreIndustry leaders have urged the government to carefully manage the baht to keep its value at a rate that will benefit both importers and exporters. The baht was valued at 34.62 per US dollar as of May 9, representing a depreciation of 3.4% since the beginning of the year, its lowest value in five years. […]
Read MoreJOHOR BARU, May 23 — PKR’s outspoken Johor parliamentarian Hassan Abdul Karim urged people to protest against the government’s failure in managing rising prices of essential food items that has been aggravated by the weak Malaysian ringgit. The Pasir Gudang MP listed the declining value of the Malaysian ringgit, the soaring cost of food items, […]
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Thailand
