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Malaysia: Price pressures to moderate further

PETALING JAYA: Economists are expecting headline inflation in Malaysia to continue moderating further in 2023, aligned with the softening trend of rising prices globally, following the tailing off in oil prices compared with 2022. This is in light of the latest consumer price index (CPI) figures released by the Statistics Department yesterday, which showed inflation […]

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RCEP effectiveness measures to benefit Vietnam

A new drive is underway to ensure the Regional Comprehensive Economic Partnership is implemented at the optimal level. In July, ASEAN chair Indonesia will organise events on boosting the implementation of the agreement (RCEP). At the fourth RCEP Joint Committee, member states will debate how it has and will continue helping member states and the […]

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Thailand: Fuel tariff discount to bring some relief

The Energy Regulatory Commission (ERC) is expected to announce a reduction in the fuel tariff (Ft) from May to August on Friday, which will bring down the power tariff rate for households to 4.70 baht per kilowatt-hour unit, from 4.77 baht per unit. The move follows complaints from people about large spikes in their electricity bills […]

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Cambodia’s rubber export up 6.8 percent in Q1

Cambodia exported 65,921 tons of dry rubber in the first quarter of 2023, an increase of 6.8 percent from 61,739 tons in the same period last year, said a General Directorate of Rubber report on Thursday. The country made $89 million in revenue from exports of the commodity during the January-March period this year, down […]

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Thailand: FTI holds breath on amended tariff rate

The Federation of Thai Industries (FTI) remains hopeful a last-minute cut to the new power tariff, slated to take effect in less than two weeks, can help businesses and households cope with energy bills as authorities meet on Friday to review the rate. The FTI views this as a “crucial decision” by the Prayut Chan-o-cha government […]

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