MANILA, Philippines — As expected, the Bangko Sentral ng Pilipinas (BSP) dialed down its tightening cycle as it delivered a smaller 25-basis-point increase amid easing, but persistent price pressures. BSP Governor Felipe Medalla said the decision of the Monetary Board brought the overnight reverse repurchase rate to 6.25 percent from six percent, the highest since […]
Read MoreUncompetitive prices of imported sugar after anti-dumping taxes will boost demand for locally produced sugar. HÀ NỘI — Businesses in the sugar industry will rebound, buoyed by higher sugar prices and anti-dumping measures on some sugar cane products originating from Thailand. In February, raw sugar futures hovered at the 6-year high of roughly US 22 cents […]
Read MoreIn January 2023, the consumer price index (CPI) in the Sultanate month-on-month decreased by 0.7 per cent as compared to December 2022, contributed by the decrease in non-food group by 0.9 per cent. However, food and non-alcoholic beverages group increased by 0.3 per cent, said the Department of Economic Planning and Statistics , Ministry of […]
Read MoreAuthorities in Vientiane Capital ordered the immediate closure of the Sihom Night Market, also referred to as “Hengboun Food and Culture Street,” yesterday evening. Authorities were filmed driving through the streets yesterday evening making an announcement via a PA system, informing vendors and visitors of the market’s impending closure. Vendors said they were told that […]
Read MoreCambodia and Indonesia have discussed further cooperation in trade, investment and tourism by promoting the export of Cambodian agricultural products to the Indonesian market. The commitment was made in a meeting in Jakarta on March 20 between Minister of Commerce Pan Sorasak and Indonesian former Minister of Commerce Enggartiasto Lukita. The talks mainly focused on […]
Read MoreThe Internal Trade Department is implementing 22 measures to manage fruit supply for this year’s harvest, with production estimated to grow by 3% to 6.78 million tonnes. Wattanasak Sur-iam, the department’s director-general, said the higher output is attributed to cooler weather late last year and early this year. He said the department remains concerned about […]
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Thailand
