HA NOI — The country’s inflation this year is forecast to reach 2.6 per cent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission (NFSC) reported on Monday. In the first five months of the year, the average inflation rate was at 4.47 per […]
Read MoreGlobalisation is offering both opportunities and challenges for nations since the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. This was the theme of Prime Minister Thongloun Sisoulith’s statement which he delivered at the 23rd International Conference on the Future of Asia held in Tokyo last week. The […]
Read MoreCambodian Minister of Commerce Pan Sorasak put forward a proposal last week requesting that the World Trade Organization (WTO) share information of bilateral and regional trade agreements with all its members to help smaller economies integrate into global trade markets. Speaking during a meeting with the Council of Ministers from the Organization for Economic Cooperation […]
Read MoreTEMPO.CO, Jakarta – The Governor of Bank Indonesia Agus Martowardojo projects year-on-yearinflation rate in 2017 of 4.36 percent, an increase compared to late 2016 of 3.02 percent, mostly attributable to pressure from administered prices. Agus said yesterday that the projection was based on the movement in the Customer Price Index (CPI) that was down in […]
Read MoreBANGKOK: International tourist arrivals in Thailand rose 4.6 percent in May from a year earlier, with revenues up 6.9 percent, but a strong baht could impact the lucrative industry, the tourism and sports ministry said. The number of foreign tourists stood at 2.59 million in May, led by visitors from China, Malaysia, India, Russia and […]
Read MoreA strong baht is expected to hurt inbound tourism by driving up the cost of travel and narrowing industry margins, say public and private players in the tourism sector. The Tourism and Sports Ministry revealed yesterday the baht in the year to date has appreciated by 14% against the pound sterling, 8% against Malaysia’s ringgit, […]
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