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Philippines: Inflation remains high, may hit 8.3% in January

MANILA, Philippines — Inflation remained elevated last month, likely settling between 7.5 and 8.3 percent, as higher electricity, water, fuel and food prices continue to hound consumers, according to the Bangko Sentral ng Pilipinas (BSP). The BSP said the upward price pressures in January emanated from higher electricity rates, approved water rate rebasing, higher domestic […]

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Cambodia exports surge 16% to $22.4B

The government’s strategic measures and reforms helped Cambodia register remarkable export growth, the Ministry of Commerce said yesterday. Cambodia’s foreign international trade amounted to $52.4 billion in 2022, up 9.1 percent over a year earlier, the ministry’s report showed, adding that the Kingdom’s export rose by 16 percent to $22.4 billion. Exports grew significantly in […]

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Thailand: The lowdown on the high-end scheme

The Thailand Elite Card is in the public spotlight again after Jirayu Huangsap, an MP from the Pheu Thai Party, said in parliament last week that shady Chinese business operators had become members of this privilege programme. This claim could become another flaw for Thailand Elite Card — one of the most disputed government projects which […]

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Outstanding policies take effect in Vietnam from February 2023

A string of policies on transferring money from Viet Nam to other countries, a 50-percent fee reduction when registering for permanent residence Money transfer abroad Circular 20/2022/TT-NHNN, dated on December 30, 2022 on guiding activities of one-way money transfer abroad from Viet Nam and payment and money transfer for other current transactions of institutional residents […]

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