The Commerce Ministry will ensure that prices of consumer goods are kept down for as long as possible, also taking producers’ needs into account, the commerce minister said on Tuesday. Jurin Laksanawisit said the ministry was trying to control prices to minimise the impact on consumers. However, manufacturers and farmers must also be taken care […]
Read MoreMALAYSIAN companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens the country’s economic recovery. Despite lifting a Covid-19 freeze on recruiting foreign workers in February, Malaysia has not seen a significant return of migrant workers due […]
Read MoreIncreasing the policy interest rate should not happen too late because inflation continues to rise, says Bank of Thailand governor Sethaput Suthiwartnarueput. He said if the central bank waits too long and the inflation rate keeps rising, the country might have to use stronger medicine or increase the rate sharply, which are measures no one wants […]
Read MoreSince last month, prices of RON95 rose by VND5,060 per liter, and E5-RON92 by VND4,640. The retail prices of petroleum products in Vietnam rose by VND800-880 per liter from 3.00 pm today [June 13] to set a new record high. Under the latest adjustment, prices of biofuel E5 – RON92 hit VND31,110 (US$1.34) per liter […]
Read MoreMANILA, Philippines — Foreign direct investments (FDI) in the Philippines showed stability in the first quarter, growing by two percent amid risks such as the war in Eastern Europe and monetary tightening worldwide. The Bangko Sentral ng Pilipinas (BSP) yesterday reported that FDI went up to $2.44 billion in the first quarter from $2.4 billion […]
Read MoreJAKARTA : Indonesia’s trade surplus likely shrank significantly in May because of a drop in exports after the government banned shipments of palm oil products, while imports were seen rising more quickly, a Reuters poll showed on Tuesday. Eighteen economists in the poll had a median forecast of $3.83 billion trade surplus for May, about […]
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