MANILA, Philippines — More economists are betting the Bangko Sentral ng Pilipinas (BSP) will dial down on its rate tightening cycle with a smaller 25-basis-point hike amid the slight easing of inflation last month. Aris Dacanay, economist for ASEAN at HSBC, said the central bank’s Monetary Board is likely to hike key policy rates by […]
Read MorePrime Minister Phạm Minh Chính received on Tuesday Cambodian Deputy PM and Minister of Foreign Affairs and International Cooperation Prak Sokhonn, who is on an official visit to Việt Nam. PM Chính extended Vietnamese leaders’ greetings to Cambodia on the occasion of the country’s coming traditional Khmer New Year festival. He congratulated Cambodia on its […]
Read MoreSINGAPORE’S headline inflation dipped in February, while core inflation was unchanged from the previous month, data from the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) showed on Thursday (Mar 23). Both, however, were lower than economist estimates. In February, headline inflation slipped to 6.3 per cent, from 6.6 per cent […]
Read MoreThe Macroeconomics Research Institute (MRI) recently conducted a survey to identify the main obstacles businesses are facing in Laos. According to the survey results, the main obstacles identified were the high cost of production, the depreciation of the Lao KIP, and difficulties with recruitment. While the survey did show some improvement in hiring efforts, it […]
Read MoreVietnamese 5% broken rice has been the most expensive in the world since August last year, surpassing rivals Thailand and India, according to the Ministry of Industry and Trade. In the first two months this year Vietnam’s average rice price was over $519 per ton. Since August last year, it has exceeded Thai prices by […]
Read MoreMANILA, Philippines — The Philippine economy is unlikely to be negatively affected by the string of bank failures in the US and Europe, the National Economic and Development Authority (NEDA) said. “I don’t think that we’ll be badly affected,” NEDA Secretary Arsenio Balisacan said during a roundtable discussion of the Wallace Business Forum, Financial Executives […]
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