The Food and Agriculture Organization of the United Nations (FAO) said Thursday that Far East rice production was forecast at 694.3 million tonnes for the latest season — three percent above the five-year average. “Record or near-record outputs are forecast in Bangladesh, Cambodia, India, Pakistan and the Philippines,” said the FAO’s quarterly global report on […]
Read MoreThe Government’s efforts have resulted in a modest rise of 0.09% in the average interest rates against early 2021. The State Bank of Vietnam (SBV) considers lowering interest rates to aid businesses and people as one of its key tasks. SBV Governor Nguyen Thi Hong gave the remarks when she appeared before the National Assembly […]
Read MoreEven as Indonesia enjoys the benefits of a triple surplus in trade, current account balance and fiscal space, the looming threat of inflation and food scarcity loom over the economy for the immediate future, a group of speakers noted at Maybank’s Invest Asean conference. “A prolonged war between Russia and Ukraine will escalate the prices […]
Read MoreA leader in Laos’ tourism industry is setting his sights on Vietnamese tourists, who he says like to come to Laos to marvel at the country’s natural beauty. Member of the Board of Directors of the Guide Association, Mr Inthy Deuansavanh, who owns Green Discovery Laos, told Vientiane Times “Indeed, the strong point of Lao […]
Read MoreKUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) increased 4.6% in April 2022 as compared to the same month of the previous year, according to the Statistics Department (DOSM). However, the growth came in below expectations. A Reuters poll showed economists expect a growth of 5.6%. “The expansion of IPI was contributed by the manufacturing and […]
Read MoreAFP – Asian markets fell yesterday as a rally in oil ramped up inflation fears, with top officials warning of more pain to come as the Ukraine war continues to push prices up and put further pressure on the global economy. Buyers on Wall Street were in retreat again after data showed US crude and gasoline […]
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Thailand
