The cabinet on Tuesday agreed to extend a diesel tax cut for two months and extend an electricity subsidy until December to mitigate the impact of high energy prices, the government said. The cabinet approved extending the excise tax rebate of 5 baht per litre on retail diesel prices for two months to Nov 20, […]
Read MoreA 27% increase has been reported from the same period last year, in the first eight months of 2022. Laos’s main export sources are electricity, gold, paper and paper-related products, copper ore, rubber, and agricultural products and it primarily imports petrol, vehicles, equipment and machinery. Vietnamese export goods have been valued at USD 414.5 million, […]
Read MoreJAKARTA – Indonesia’s central government on Wednesday ordered regional heads to keep food inflation below 5 per cent as the recent hike in fuel prices could add 1.6 to 2 per cent to the inflation rate. Chief Economic Minister Airlangga Hartarto said in a meeting growth in the third quarter would be at around 5.4 […]
Read MoreVietnam’s economic rebound is expected to continue over the second half of 2022, supported by strong economic fundamental, flexible monetary policy Country Director of the Asian Development Bank (ADB) in Viet Nam Andrew Jeffries made that above statement at a meeting aimed at seeking ways to stabilize macro-economy, which was chaired by Prime Minister Pham […]
Read MoreMANILA, Philippines — The tightening cycle being undertaken by central banks in Asia-Pacific including the Bangko Sentral ng Pilipinas (BSP) has succeeded in slowing the rise in prices, according to Moody’s Analytics. In a report, Harry Murphy Cruise, economist at Moody’s Analytics, said that central banks in Asia-Pacific face a difficult balancing act amid the […]
Read MoreSINGAPORE – Policymakers in Asia pushed back against a surging dollar, seeking to stem losses as their currencies teetered on the brink of key levels that may trigger more selling. Officials in Japan and South Korea ramped up the rhetoric, while China’s central bank set the daily reference rate on the yuan at the strongest […]
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Thailand
