MANILA, Philippines — The consumer price index continued to accelerate in September, rising to a five-month high of 3.4 percent from 3.1 percent in August and 2.3 percent in the same period last year due to faster increases in food prices, the Philippine Statistics Authority reported yesterday. The PSA attributed the faster increase in inflation […]
Read MoreKUALA LUMPUR: Japan’s Sumitomo Mitsui Banking Corp (SMBC) is looking to back a push by Japanese firms planning to invest in Malaysia’s Sharia-compliant halal market, an SMBC official said. Japanese companies active in food, cosmetics, logistics, transportation and storage are keen to tap the Malaysian market in a drive to appeal to Muslim customers globally, […]
Read MoreThailand is to provide the know-how and expertise to help develop community-based tourism (CBT) in Laos, Cambodia and Bhutan. This will be the first time the three countries are working closely with Thailand specifically on CBT development, after joining forces on cross-border tourism, logistics and connectivity, and environment issues. Chuwit Mitrchob, deputy director-general at the […]
Read MoreKasikorn Research Center (K-Research) has emerged as the latest to jump on the economic growth bandwagon by increasing its forecast to 3.7% this year from 3.4% after stronger than expected export growth. The research house also raised Thailand’s export growth projection significantly to 7% this year from 3.8%, in line with the global economic recovery. […]
Read MoreBENGALURU, India: Asian currencies, on an upswing since the start of the year, are unlikely to trade higher than they are now in a year, held back as the US Federal Reserve presses on with further interest rate rises, a Reuters poll found. Having made inroads thanks to growing doubts over US President Donald Trump’s […]
Read MorePHNOM PENH – Cambodia’s exports of milled rice continue to increase, with China still the biggest importer of Cambodian grain. Rice is exported to nearly 70 countries. China remains the largest buyer, taking more than 120,000 tonnes from January to September this year, followed by France (over 50,000 tonnes) and Poland (35,000 tonnes), according to […]
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