Year-on-year inflation in Laos increased to 30 percent in August, according to the latest numbers from the Lao Statistics Bureau. The inflation rate for August has been reported at a whopping 30 percent with a 2.5 percent increase from July’s figure of 27.5 percent. The price of food and non-alcoholic beverages has surged by 30.2% […]
Read MoreThe Thai public expects to substantially increase its mobile usage over the coming years, more so than other Asian markets surveyed by Norwegian telecom giant Telenor. The result is shown in Telenor Asia’s “Digital Lives Decoded” study, which surveyed 8,227 mobile internet users aged over 18 in Bangladesh, Indonesia, Malaysia, Pakistan, the Philippines, Singapore, Thailand and […]
Read MoreMANILA, Philippines — UK-based think tank Pantheon Macroeconomics has hiked its inflation forecast for the Philippines to five percent this year, but it expects a slowdown to take hold by the fourth quarter. Miguel Chanco, chief emerging Asia economist at Pantheon Macroeconomics, said in a report yesterday the think tank has raised its average inflation […]
Read MoreADB has been researching and developing a new project called “Skills for Future Economy” with the main purpose of improving the industry in Cambodia. Ith Samheng, Minister of Labor and Vocational Training, met with Jyotsana Varma, Country Director of the Asian Development Bank (ADB) yesterday. The two discussed Industrial Development Policy, Employment and Employment Development […]
Read MoreWHILE prices of Housing Board (HDB) resale transactions logged their 26th consecutive month of increase in August, their volumes remained on a downtrend to potentially signal a drop in demand. According to flash estimates from property portal SRX and 99.co released on Thursday (Sep 8), resale prices increased a marginal 0.4 per cent in August from the […]
Read MoreThe textile and garment industry still has a great need to attract foreign capital for the production of fabrics, yarns and accessories to serve export needs to take advantage of tariff preferences from free trade agreements (FTAs). Data from the Foreign Investment Department (Ministry of Planning and Investment) shows that, as of May 18, 2022, […]
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