MANILA, Philippines — Inflation likely accelerated to 4.1 percent in February, slightly above the higher end of the government’s two to four percent target range due to the increase in the prices of “sin” products, the Department of Finance (DOF) said yesterday. In its latest economic bulletin, the DOF said inflation likely settled at 4.1 […]
Read MoreRice exports probably eased in February with the onset of the low season and the baht’s continued strength after a surge to nearly 1 million tonnes in January. Charoen Laothamatas, president of the Thai Rice Exporters Association, said February rice shipments are estimated at 800,000 tonnes, down from about 1 million tonnes in the year-earlier February. […]
Read MoreThe value of petroleum imports totaled $3 billion during the 11-month period to end February of the current 2017-18 fiscal year. That’s at least $1 billion more than the same period last year, U Yan Naing Tun, Director General of Directorate of Trade, told The Myanmar Times. This was due to increased domestic consumption and higher […]
Read MorePresident Joko “Jokowi” Widodo has insisted on maintaining the current prices of electricity and certain types of fuel until at least the end of 2019, when he completes his term, saying it was part of an effort to preserve the people’s purchasing power. Subsequently, the prices of Premium gasoline (RON 88) and subsidized diesel Solar […]
Read MoreVIENTIANE, March 5 (Xinhua) — The Lao government has compiled a list of potential development projects to attract domestic and foreign investment, local state-run daily Vientiane Times reported on Monday. According to the list, local and foreign investors are invited with 27 projects in six provinces out of the country’s 18 provinces or cities. The […]
Read MoreKUALA LUMPUR: Maybank Investment Bank Research forecasts a moderation in operating profit growth of Malaysian banks to 5.4% in 2018 from 9.4% in 2017. It said on Tuesday the faster domestic loan growth (Maybank Research estimate: 4.5% vs 4.1% in 2017) and prevailing positive JAWS are offset in part by more modest net interest margins […]
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Thailand
