vn03
Read More

Vietnam ranks 7th worldwide in tea production

Vietnam is now ranked 7th and 5th worldwide in terms of tea production and exports, respectively. According to the Ministry of Agriculture and Rural Development, the nation has 123,000ha under tea trees, capable of producing 1,02 million tonnes of fresh tea buds. Vietnamese tea products are exported to 74 countries and territories, including Pakistan, China, […]

Read More
th02
Read More

Thailand: Trinity sees inflation peak in Q3

Trinity Securities expects global inflation, including Thai inflation, to peak in the third quarter of this year while the country’s interest rate is set to rise by another 0.75% over the next 12 months to 1.5% in mid-2023. Visit Ongpipattanakul, managing director of Trinity Securities, said Thailand’s core inflation would potentially increase to 3% in August, […]

Read More
cam02
Read More

Cambodia-US trade surges 45% to $5,892 million

The bilateral trade between Cambodia and the United States rose 45 percent to $5,892 million in the first seven months of this year compared to the same period last year. Cambodia’s export to the US surged 47 percent to $5,695 million in the January-July period of 2022, from the same period a year ago, according […]

Read More
phil03
Read More

Philippines: Hawkish BSP hikes key rates by 50 bps

MANILA, Philippines — As expected, the Bangko Sentral ng Pilipinas (BSP) yesterday delivered another 50-basis-point rate hike amid the need for follow-through action to help anchor inflation expectations and return inflation to a target-consistent path. BSP Governor Felipe Medalla said in a virtual press conference that the latest increase brought the interest rate on the […]

Read More
th01
Read More

Irate Thai tourists seek tour refunds

Holidays to South Korea have been thrown into upheaval after 67 Thai tourists filed complaints with the Tourism Department, urging tour operators to provide them with refunds of 1.4 million baht in total after entry into the country was denied. Jaturon Phakdeewanit, deputy director-general of the Tourism Department, said the complaints were under investigation. Only two holidaymakers […]

Read More