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Thailand: Manufacturers push to up retail prices as production costs continue rising

The government should allow manufacturers to increase the price of some consumer goods, the Thai Wholesale and Retail Trade Association said. The association’s president Somchai Pornrattanacharoen said on Monday that market mechanisms and tight competition only allow manufacturers to increase the price very slightly. However, he said, the manufacturing costs have been on the rise, […]

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Indonesia: July exports up 32.03% year on year: BPS

Jakarta (ANTARA) – The value of Indonesia’s exports rose 32.03 percent to US$25.57 billion in July this year from US$19.37 billion in July 2021, according to Statistics Indonesia (BPS).   Exports in July declined 2.20 percent compared to the previous month, when they were recorded at US$26.15 billion, BPS’ distribution and service statistics deputy, Setianto, […]

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Thailand: Tensions thwart growth in 2022

Geopolitical tensions have pressured Thailand’s economic expansion this year, according to Danucha Pichayanan, secretary-general of the Office of the National Economic and Social Development Council (NESDC). According to the office, the economy in 2022 is projected to expand in the range of 2.7-3.2%, compared with a range of 2.5-3.5% growth it predicted in May, mainly supported by […]

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Cambodian women’s job prospects hit by pandemic: Study

The employment prospects of women and girls, who are overrepresented in economic sectors like the garment industry and tourism in Cambodia, have been badly hit by the Covid-19 pandemic, says a study conducted by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). A case study titled ‘Valuing and investing in […]

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