THE spectre of stagflation, or recession-inflation, looms large as high commodity prices stoke inflation while prospects for growth appear limited. To many, it looks like the surge in inflation is not proving transitory but “sticky and sustained” in what is called stagflation – high inflation and unemployment, and stagnant demand. Not helping the situation at […]
Read MoreKnight Frank’s Cambodia Real Estate Highlights in the second half of 2021 predicts 5.5 per cent economic growth in 2022. There was “a notable uptick in activity in the Cambodian real estate and construction sectors during H2 2021” due to the cautious optimism in business sentiment, according to a report. Cambodia Real Estate Highlights-2nd half […]
Read MoreDigital advertising spending is expected to continue to grow in 2022, though by a smaller margin than the 18% surge recorded last year amid concerns about the weak economy, according to the Thailand Digital Advertising Spend Report. The report was jointly commissioned by the Digital Advertising Association of Thailand (DAAT) and market research and consulting […]
Read MoreSeveral airlines have appealed to the Ministry of Finance (MoF) and the Ministry of Transport (MoT), calling for favourable policies amid mounting fuel prices. Vietnam Airlines revealed that Jet-A1 fuels hitting over US$130 per barrel in early March were pushing up fuel costs. Its costs will increase by around VND5.7 trillion ($249 million) in 2022 […]
Read MoreMANILA, Philippines — The next Philippine president could become unpopular to taxpayers, both rich and poor, as the new government would have to resort to tax reforms and spending cuts to avert a potentially disastrous debt crisis. The Duterte administration will pass on the largest outstanding debt, as measured against gross domestic product (GDP), in […]
Read MoreThe Lao kip has continued to depreciate over the past week against the US dollar and the Thai baht, propelled by a supply-demand mismatch. Meanwhile the deposits in foreign currencies increased from 60.78217 trillion kip ($5.2 billion) in June 2021 to 75.39539 trillion kip in December 2021, according to the Bank of Lao PDR’s (BoL) […]
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