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Thailand: Inflation at 1.33% in September

Inflation ran at 1.33% year-on-year in September, rising for the 15th consecutive month, on rising oil prices. This year’s inflation was now projected at 1.25%, the Commerce Ministry announced.  Pimchanok Vonkornpon, director of the Trade Policy and Strategy Office, said on Monday that rising oil prices were the major factor, with energy accounting for 0.93% of […]

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Indonesia records 0.18 percent deflation in September

For the second successive month, Indonesia recorded deflation, with the figure for September at 0.18 percent, higher than 0.05 percent deflation the previous month, Statistics Indonesia (BPS) announced on Monday. The latest figure brings year-to-date (ytd) inflation to 1.94 percent, while year-on-year (yoy) inflation stands at 2.88 percent. September’s deflation was also in contrast with […]

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Vietnam may hike power prices in 2019

The Hanoitimes – The move is necessary for Vietnam Electricity to cover an incurred cost of VND20.73 trillion (US$892.18 million) in the 2018 – 2019 period, stated the Ministry of Industry and Trade (MoIT) on its website. Power prices in Vietnam would remain unchanged in the remaining months of 2018 following the instruction of Prime Minister […]

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Philippines: Gov’t easing foreign investment restrictions

MANILA, Philippines — The National Economic and Development Authority (NEDA) has assured British businesses that the government is working to ease foreign investment restrictions through the 11th Regular Foreign Investment Negative List (FINL), which is now up for signing by President Duterte. During the recent Philippine economic briefing held by economic managers in London, Socioeconomic […]

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