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Vietnam, Lao attempt to regulate fuel prices

Vietnam will need to cut taxes and fees, in addition to using the petroleum price stabilisation fund if petrol prices keep rising, said a leader from the Ministry of Industry and Trade (MoIT). On February 11, retail petrol prices were increased by nearly 1,000 dong (4.38 US cents) per litre following the latest adjustment by […]

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Singapore’s Consumer Prices Rise 4.0% on Year in January

SINGAPORE–Singapore’s consumer prices rose at the same on-year pace in January as in December, as a moderation in private transport costs increase offset higher core and accommodation inflation. The consumer price index for January rose 4.0% compared with the same period a year before, the Department of Statistics said Wednesday. That was slightly below the […]

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Philippines: BPI sees rebound in consumer loans

MANILA, Philippines — Ayala-owned Bank of the Philippine Islands (BPI) expects its consumer loan portfolio to expand this year on the back of an anticipated growth in consumption with the economy’s reopening. BPI executive vice president and consumer banking head Maria Cristina Go yesterday said the bank projects consumer borrowings to drive its loan growth […]

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