The Commerce Ministry is trying to maintain consumer product prices for as long as possible but has admitted to production cost hikes. Commerce Minister Jurin Laksanawisit, who is also a deputy prime minister, said on Friday that the Department of Internal Trade is closely monitoring the prices of 18 products essential for daily living. “There […]
Read MoreTHAILAND’S exports in May rose a faster than expected 10.5 per cent from a year earlier, helped by increased global food demand and production, and a weak baht, with the trend set to continue this year, the commerce minister said on Friday (Jul 1). Exports, a key driver of Thai growth, beat a forecast rise […]
Read MoreINDONESIA will likely book a 2022 fiscal deficit of 732.2 trillion rupiah (S$68.2 billion), or 3.92 per cent of gross domestic product (GDP), smaller than a previous outlook of 4.5 per cent of GDP, due to strong revenue forecasts, its finance minister said on Friday (Jul 1). Sri Mulyani Indrawati told a hearing with parliament’s budget […]
Read MoreDESPITE the effect of rising fuel costs on consumer demand, the new chief of the central bank is optimistic that the Philippine gross domestic product (GDP) growth would reach at least the lower end of the government’s objective this year. “It will be difficult to match 8.3 percent [economic growth] in the first quarter because […]
Read MoreCambodia spent $971.30 million on imports of petrol and diesel in the first five months of this year, up by 57.36 per cent from the $617.24 million shipped in during the corresponding period in 2021, according to the commerce ministry. Petrol imports were $341.94 million, up by 103.11 per cent year-on-year from $168.35 million, while […]
Read MoreThailand’s customs-based exports in May rose 10.5% from a year earlier, Commerce Minister Jurin Laksanawisit said on Friday, confirming Customs Department data released earlier. In January-May, exports increased 12.9% from a year ago, he told a news conference. The customs data released previously also showed annual imports jumped 24.1% in May and a trade deficit […]
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