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Laos to Promote Domestic Production, Reduce Imports

The Ministry of Industry and Commerce (MTC) announced a number of measures to promote domestic production and reduce imports during the 5th Ordinary Session of the 9th National Assembly last week. Deputy Minister of Industry and Commerce, Mrs. Chansouk Sengphachanh, said that the MTC has been working with the Ministry of Planning and Investment to […]

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Thailand: Central bank aims to tackle debt crisis

The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster. The central bank will set out three guidelines for responsible lending (RL), risk-based pricing (RBP), and macroprudential policy this month, as a move to help solve the country’s household debt […]

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Indonesia – BPS: Inflation Rate Eases to 3.52 Percent, Lowest Since April 2022

TEMPO.CO, Jakarta – Central Bureau of Statistics (BPS) notes that the year-on-year inflation rate in the June 2023 period had decreased to 3.52 percent. This marks the lowest rate it has ever reached since April 2022. “June inflation reached 3.52 percent, lower than April 2022 at 4.35 percent and kept showing a downward trend since March 2023,” Pudji Ismartini, Deputy […]

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