Inflation in Myanmar has hit a two-year high of 8.2 percent since August, up from 5.5pc last year as a result of a steep drop in the value of the local currency against the US dollar, rising food prices and a recent spike in global oil prices, according to the World Bank. The higher levels […]
Read MoreThe Hanoitimes – But the potential negative impact of trade tensions on global growth would be more detrimental for Vietnam. Vietnam is keeping its stride, topping the major ASEAN economies with expected GDP growth rate of 6.7% in 2018. But external headwinds pose downside risks for the coming quarters, HSBC stated in its latest report. The […]
Read MoreBangkok has joined the list of the 100 most expensive cities for expatriate workers for the first time on the strong baht, economic growth and more stable politics, based on cost of living surveys by ECA International. “Over the past five years, Bangkok has climbed more than 80 places. The Thai capital now sits in 90th […]
Read MoreMANILA, Philippines — Personal and cash remittances booked their fastest growth in six months, rising by at least eight percent in October as overseas Filipinos continued to send more money to their loved ones in the Philippines ahead of the Christmas holidays, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Nestor Espenilla Jr. said personal […]
Read MoreEven as liquor producers are still struggling to recover from the impact of the market limitation that has been enforced since 2015, they question the government policy to increase the excise tax for the products, which they fear would further burden the industry. The Indonesian Malt Beverage Industry Association (GIMMI) reported that the sales of […]
Read MoreCheap Sour, the director-general of the General Department of Petroleum at the Ministry of Mines and Energy, said Cambodia will be ready to commercially produce oil in early 2020, while exportation may also be in the pipeline in the future. “Once crude oil is pumped into the refinery, the next step will be the sale […]
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Thailand
