Due to still elevated food, energy prices MANILA, Philippines — Inflation is expected to remain high this year and could even hit as much as seven percent as prices of food and energy are still elevated. During the Development Budget Coordination Committee (DBCC) briefing yesterday, the economic team jacked up its inflation assumption for this […]
Read MoreThe metropolitan and provincial waterworks authorities are both preparing to raise the price of tap water, citing higher capital costs. Metropolitan Waterworks Authority governor Manit Pan-em said on Monday the MWA was struggling to meet rising operating costs. He cited: • 150 million baht per year in land and house taxes, after not having to […]
Read MoreTrade between Cambodia and Indonesia rose by 43.2 percent to $304 million in the first quarter of this year, according to a recent General Department of Customs and Excise report. The trade has just received a boost following Indonesia AirAsia started operating direct flights between the two countries. Apart from trade, direct flights can also […]
Read MorePHILIPPINE economic growth is expected to slow below 6.0 percent this year and the next following last year’s above-target 7.6 percent, a senior S&P economist said on Monday. “Because of base year effects, we expect that the growth rate of the Philippines this year will moderate somewhat because last year was so strong,” S&P Global […]
Read MoreOperated and managed by the Vietnam E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade, it provides updates on major foreign markets, popularises Vietnam’s export potential and offers consultations to help domestic firms raise their competitiveness and boost exports. HÀ NỘI — Since its inception 15 years ago, the portal www.vietnamexport.com which connects more than […]
Read MoreWhile the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand’s Deposit Protection Agency (DPA) said since the agency’s establishment in 2008, Thailand has never been close to requiring action to protect deposits. DPA president Songpol Chevapanyaroj said the agency and the Bank of Thailand cooperate […]
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