MANILA, Philippines — The Philippines may import more rice and corn this year due to lower rice production and the extension of lower tariffs, according to the United States Department of Agriculture (USDA). In a report, the USDA-Foreign Agricultural Service (FAS) raised its rice import forecast for the Philippines to 3.8 million metric tons (MT) […]
Read MoreANN/THE STAR – Indonesia’s inflation rose slightly in December and remained above the central bank’s target range for the seventh straight month, official data showed yesterday. The headline annual inflation rate picked up to 5.51 per cent in December, compared with 5.42 per cent in November and 5.39 per cent expected by analysts polled by […]
Read MoreTHE race to be South-east Asia’s best-performing currency in 2023 looks like being between the Thai baht and Singapore dollar. The baht is set to be powered by an influx in Chinese tourists after the mainland rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. […]
Read MoreAs many as 120,000 residential units are expected to be snapped up this year despite rising inflation, property firm Supalai said in its latest prediction. Supalai director Prasas Tangmatitam said that listed real-estate companies had sold 115,902 units last year compared to 75,364 in 2021. He said this was a clear indicator of the property […]
Read MoreIndonesia’s capital market performance in 2022 was the best as compared to that of other ASEAN and Asian countries in general, Chairperson of Board of Commissioners of the Financial Services Authority (OJK) Mahendra Siregar stated. Jakarta (VNA) – Indonesia’s capital market performance in 2022 was the best as compared to that of other ASEAN and Asian countries […]
Read MoreEnergy advocates are demanding the Energy Ministry reduce the country’s huge surplus of power generation capacity in reserve as part of efforts to curb a surge in power bills in 2023. The current reserve stands at almost 50% of total capacity, much higher than the internationally accepted reserve of 15-20%, according to their estimate. A […]
Read More
Thailand
