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Sugar and rice: Key drivers of Philippines inflation

Food expenditure is a significant portion of Filipino family budgets. A family spends an average of around 40 percent on food, a large part of which is spent on rice.  As a result, changes in food prices substantially impact household budgets and overall inflation in the country.  In the Philippines, the prices of key imports […]

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Cambodia’s 99.3% job rate among world’s best

Cambodia’s employment rate continued to be strong at 99.3 percent and remained one of the best in the world. This was recently disclosed by Ith Samheng, Minister of Labour and Vocational Training, as he hailed the role of the National Employment Agency (NEA) for this achievement Presiding over a lecture on ‘Labour Market and Economic […]

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Thailand: Interest rates forecast to continue rising

Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers. SCB Economic Intelligence Center (EIC), a research unit of Siam Commercial Bank, predicts the central bank’s Monetary Policy Committee (MPC) will raise its policy benchmark rate […]

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Cambodia, Vietnam sign trade enhancement pact

Cambodia and Vietnam signed a trade enhancement agreement to increase economic cooperation between the two countries. On June 2, Pan Sorasak, Minister of Commerce, and Nguyen Hong Dien, Minister of Industry and Commerce of Vietnam, virtually signed a memorandum of understanding (MoU) on trade and economic cooperation. The signing ceremony was attended by relevant officials […]

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