THE Urban Redevelopment Authority’s (URA) flash estimate for the second quarter of 2022 shows that the overall price index for private homes rose 3.2 per cent over the preceding quarter. This follows a 0.7 per cent gain in Q1 this year. Year on year, the index is up 10.3 per cent, according to the URA […]
Read MoreMANILA, Philippines — The rise in consumer prices likely quickened further, with inflation accelerating to a range of 5.7 to 6.5 percent in June from 5.4 percent in May, according to the Bangko Sentral ng Pilipinas (BSP). Finance Secretary and former BSP governor Benjamin Diokno cited the continued increase in domestic oil prices, upward adjustment […]
Read MoreThailand’s economy has continued to rebound, reflected by better signals in the May economic data, despite a sharp spike in the inflation rate, according to the Bank of Thailand. The economy in May improved from the previous month, with indicators of private consumption and private investment increasing in line with an uptick in economic activities. […]
Read MoreCambodia’s technology-based startups have grown rapidly in recent years, with the supporting ecosystem boosted by policies and infrastructure geared toward their development, according to a new report by the Asian Development Bank (ADB). Programmes including Khmer Enterprise and the Startup Cambodia National Programme have emerged to help startups in areas such as digital platforms, seed […]
Read MoreThe Indonesian government will issue a decree that manages the country’s marine fisheries based on capture quotas, prompting concerns from experts that the new strategy may threaten the sustainability of fish stocks. Several marine observers note that more than half of fishing zones in Indonesia are already “fully exploited.” They also take issue with the […]
Read MoreRising inflation, weakening peso MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may consider more aggressive rate hikes in August than the signaled 25-basis-point gradual increase amid concerns of quickening inflation and depreciating peso. BSP Governor Felipe Medalla told reporters the central bank’s Monetary Board may consider bigger rate hikes to anchor inflation expectations […]
Read More
Thailand
