The country recorded an inflation rate of 39.89% in April, according to the report from the Lao Statistics Bureau (LSB). Laos’ inflation rate decreased slightly to 39.89% In April, compared to the first quarter figures of this year with January at 40.3%, February at 41.3%, and March at 41.0%. In April, the price of food and non-alcoholic […]
Read MoreLocal economists are predicting the Bank of Thailand will increase its policy rate to a terminal level of 2% this month after estimating the Fed’s funds rate has already peaked. According to ttb analytics, the research centre of TMBThanachart Bank (ttb), the central bank’s Monetary Policy Committee (MPC) is expected to increase the policy benchmark rate […]
Read MoreCambodia’s apparel exports to Japan have continued to grow, reaching $1.201 billion in 2022, an 8.68 per cent increase from the previous year. The first quarter of 2023 saw a shipment value of $334.145 million, indicating sustained momentum. However, home textile exports to Japan have been on a downward trend, halving to $17.327 million in […]
Read MoreKUALA LUMPUR: OCBC Bank (Malaysia) Bhd and its Islamic banking unit OCBC Al-Amin Bank Bhd will increase their standardised base rate (SBR), base rate (BR), base lending rate (BLR) and base financing rate (BFR) by 0.25% from May 10, 2023. The bank said in a statement all loan and financing rates based on SBR, BR, […]
Read MoreThe Philippine Statistics Authority (PSA) [link] provided consumer price index (CPI) data for April and revealed that headline inflation had fallen to 6.6% from March’s 7.6% and February’s 8.6%. Core inflation, which excludes certain food and energy items, was only down slightly to 7.9% from March’s 8.0%. All of the analysts surveyed by BusinessWorld had predicted April’s CPI to […]
Read MoreNearly 85 per cent of FDI enterprises are still using outdated technology, which is a challenge for the Vietnamese economy in its efforts to realise the goal of Net zero emissions by 2050. HÀ NỘI — Nearly 85 per cent of FDI enterprises are still using outdated technology, which is a challenge for the Vietnamese […]
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