Manufacturers of the five largest instant noodle brands — Mama, Wai Wai, Yum Yum, Nissin and Suesat — for the first time in their half-century of the establishment have joined forces to call on the Commerce Ministry to allow them to raise their prices in line with soaring production costs within one week. Pun Paniangvait, manager […]
Read MoreJakarta (ANTARA) – Indonesia’s external debt (ULN) decreased from US$412.6 billion in the first quarter of 2022 to US$403 billion in the second quarter owing to a decline in public and private external debt, Bank Indonesia (BI) reported. Chief Executive Director of the Communications Department of BI Erwin Haryono, in an official statement here, Monday, […]
Read MoreDeposit holders are expected to benefit from interest rate hikes by banks and microfinance deposit-taking institutions (MDIs), according to a senior official at the Association of Banks in Cambodia (ABC). Phal Chalm Theany, Secretary General of ABC, explained in an email to Khmer Times that rising inflation, mostly resulting from low-interest rates over the last years, is […]
Read MoreMANILA, Philippines — More Filipinos ended poor in 2021 compared to three years ago after the pandemic wiped out gains in poverty reduction that took years to achieve. A survey of 165,029 families nationwide showed there were 19.99 million Filipinos living below the poverty line last year, up from 17.67 million recorded in the comparable period […]
Read MoreLocal banks have announced they are maintaining the prime lending interest rate to support fragile customers amid a rising interest rate trend. Siam Commercial Bank (SCB) and TMB Thanachart Bank (ttb) announced that they are to keep prime loan interest rates unchanged, while ttb has also increased its deposit rate for a specific deposit account. Their […]
Read MoreTay Ninh Province needs to focus more on developing the Moc Bai border economic zone’s infrastructure and investment to help it reach its economic potential, experts have said. During a recent conference in Tay Ninh, Nguyen Manh Hung, deputy party secretary of the province, said that Tay Ninh plays a key role in connecting southern […]
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Thailand
