The rate of inflation in Laos reached 12.8% in May, the highest point in 15 years. According to information provided by the Bank of Laos, inflation has now increased to a five-year high after reaching 10% in January 2016. Increases in the pricing of major commodities such as oil and other imported items are the […]
Read MoreJAKARTA, June 8 — About three weeks after Russian troops invaded Ukraine, Indonesian housewife Liesye Setiana was forced to close her banana chip business as cooking oil supplies dried up across the country. Millions of consumers and small business owners in the world’s fourth most populous nation have been rattled for months by skyrocketing cooking […]
Read MoreSINGAPORE – Private-sector analysts have shaved their growth forecast for 2022, with the sharper-than-expected rise in inflation and slower economic activity in China among the downside risks for Singapore’s economy. Economic growth is predicted to come in at 3.8 per cent for the full year, according to a quarterly survey of professional forecasters released by […]
Read MoreVietnam’s GDP growth has shown signs of slowing down, with the growth rate of 7%/year not achieved for many years now. Vietnam faces the risk of falling into the middle-income trap. “Where is Vietnam economically?” is a question raised by the research team of Dr. Tran Tho Dat, former Rector of the National Economics University. […]
Read MoreHighest in more than 3 years MANILA, Philippines — The still elevated oil prices in the global market continued to spill over to other commodities in the local consumer basket, pushing the Philippines’ headline inflation to 5.4 percent in May, the highest rate in three-and-a-half years, with a slowdown still out of the picture. The […]
Read MoreA new dedicated barge service from Phnom Penh, Cambodia to its express ocean transportation service between Ho Chi Minh, Vietnam and Seattle that allows shippers in Cambodia to reach the U.S. West Coast in a mere 25 days, faster than any other service provider in the trade has been launched by UWL, in partnership with […]
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Thailand
