The Energy Regulatory Commission (ERC) has approved an 18% rise in the price of electricity for the September-December quarter, to a record-high 4.72 baht per kilowatt hour (unit). The ERC announced the new rate on its Facebook page on Monday. The increase comes from the fuel tariff (FT) component in the electricity tariff increasing by […]
Read MoreDislodged from supermarkets, Vietnam’s fruits are being displayed at sidewalk shops and sold by street vendors. Thanks to its geographical position and natural conditions, Vietnam has great advantages to develop agricultural production. The country harvests 28 million tons of vegetables and fruit each year. Negotiating for market entry, therefore, is an important solution which ensures […]
Read MoreVIENTIANE (XINHUA) – Laos recorded a trade deficit of USD114 million in July, according to a report on Friday from the Lao Trade portal website. The total value of trade in July amounted to USD968 million, of which USD427 million was exports and USD541 million was imports. The country’s major exports include paper and paper […]
Read MoreMANILA, Philippines — Most economists expect the Bangko Sentral ng Pilipinas (BSP) to deliver another 50-basis-point rate hike on Thursday, as monetary authorities remain committed to steer inflation back to the government’s two to four percent target range. Security Bank chief economist Robert Dan Roces said the Monetary Board is likely to raise interest rates […]
Read MoreMALAYSIA’S economic growth will accelerate this quarter after expanding at the fastest pace in a year, driven by private consumption as activities resume, Finance Minister Zafrul Aziz said. “People are underestimating the strength of the pent-up demand,” he said in an interview on Saturday (Aug 13). “Restaurants are packed, traffic jams have returned, the unemployment […]
Read MoreINDONESIA’S windfall export earnings thanks to high commodity prices may start dwindling, its statistics bureau warned on Monday (Aug 15), despite the country booking a larger-than-expected surplus in July. The resource-rich nation booked a US$4.2 billion surplus last month as it enjoyed the impact of high commodity prices globally, although prices of some of its […]
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Thailand
