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Philippines: Inflation seen easing below 8% in January

MANILA, Philippines —  Inflation likely eased below eight percent in January after accelerating for four consecutive months to hit a 14-year high of 8.1 percent, according to bank economists. ING Bank senior economist Nicholas Mapa said Philippine inflation might have dipped to 7.8 percent in January, but is expected to remain at elevated levels as […]

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Laos Reports Inflation Rate of 40.30 Percent in January

The country’s inflation rate increased by 1.03% from December 2022, according to the Lao Statistics Bureau (LSB). The main factors contributing to the surge was the ever-rising price of fuel, gas, and other imported products, combined with the continued depreciation of the LAK currency. Laos also reported an average inflation rate of 23 percent last year, which was a […]

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Mice scurry back to Thailand

Tourism has flourished since Thailand fully reopened in the second half of last year. For business travel, the sector known as Mice (meetings, incentives, conventions and exhibitions) saw a big leap after Thailand hosted the Asia-Pacific Economic Cooperation (Apec) summit in Bangkok, with many hotels getting a boost from this segment. The Thailand Convention and Exhibition […]

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