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Laos: Price Increases Put Strain on Low-Income Workers

Low-income workers in Laos are struggling as goods and commodity prices reach their peak of the year. Vientiane Times reports that the price of goods produced domestically has increased by 15.9 percent over the past year. The year-on-year inflation rate hit 23.6 percent, the highest figure ever recorded since May 2000. Authorities say the rising prices of […]

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Brunei CB expects low inflation rate

BANDAR SERI BEGAWAN: Brunei Darussalam Central Bank (BDCB) expects the country’s inflation to remain low despite the global price hike caused by geopolitical tension. According to the BDCB’s semi-annual policy statement released on Saturday on its website, the BDCB noted that the International Monetary Fund had revised its 2022 global growth forecast from 4.4 to 3.6 […]

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Cambodia attracts $3 billion investment in first half

Cambodia attracted a fixed-asset investment of almost $3 billion in the first half of this year, reflecting the firm confidence of investors in the Kingdom’s growth prospects. The Council for the Development of Cambodia registered 98 projects with a total investment of $2.99 billion in January-June period of this year, inching up $29 million from […]

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Thailand: Gem and jewellery exports set for further growth

Thailand’s gem and jewellery exports are expected to fare better than expected this year despite increasing challenges, including the slowing economies of key trading partners, uncertain economic prospects, persistently high inflation caused by the energy crisis and the Russia-Ukraine war. According to Sumeth Prasongphongchai, director of the Gem and Jewelry Institute of Thailand (GIT), the […]

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