MANILA, Philippines — With inflation remaining elevated until the first half of next year, the Bangko Sentral ng Pilipinas (BSP) expects the tightening cycle to extend beyond the first quarter. In an interview with reporters, BSP Governor Felipe Medalla said he is not ruling out more interest rate hikes in the first two rate-setting meetings […]
Read MoreJAKARTA, Dec 21 (Reuters) – Indonesia’s December inflation rate is seen at 5.4%, but it would ease next year to around 3%, central bank governor Perry Warjiyo said on Wednesday, ahead of a monetary policy review. Bank Indonesia is due to begin a two-day monetary policy meeting later on Wednesday. A Reuters poll had expected […]
Read MoreThe State Bank of Viet Nam (SBV) should continue to take measures against dollarisation and goldenisation in the domestic economy as the markets remain potential risks for the rising speculation and hoarding of the assets, experts said. In recent years, dollarisation and goldenisation have been strictly controlled in the country, which has helped to stabilise […]
Read MoreThe medical services and beauty sectors have the brightest prospects for 2023, driven by social media and an ageing society focused more on health and tourism, according to a recent survey by the University of the Thai Chamber of Commerce (UTCC). Tanning, printing of journals and newspapers, printed media delivery, and printing houses are sunset sectors […]
Read MoreBANGKOK, Thailand — Low-cost airline AirAsia Philippines, together with the Tourism Authority of Thailand (TAT), is now offering special flight rates for Filipino travelers to come to the “Land of Smiles”. In enticing more tourists to visit Thailand, AirAsia Philippines offers a P1,612 one-way base fare for bookings made until January 8, 2023 as well […]
Read MoreThe Energy Regulatory Commission (ERC) has clarified unequal power tariff rates for households and businesses, which caused the latter to demand authorities reconsider their decision before it takes effect in January next year. The power tariff, which determines electricity bills, remains unchanged for households at 4.72 baht per kilowatt-hour (unit), while the non-household sector will see the […]
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