MANILA, Philippines — Higher power costs and oil prices as well as the recent wage hike would put an upward pressure on inflation in the fourth quarter, Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo said. “While we expect negative base effects for October to December 2017, we expect inflation to remain at where they […]
Read MoreBitcoin has been on a tear lately with the world’s most popular cryptocurrency’s value soaring four-fold since the start of the year. While bitcoin is still poorly understood in Cambodia and only accepted by about a dozen merchants, the development of the country’s first payment gateway could pave the way for its wider use as […]
Read MoreIMPROVING migration policies can enhance both the welfare of workers and benefit the countries which receive them, according to a report by the World Bank. Between 1995 and 2015, intra-regional migration in Asean has grown significantly, turning Malaysia, Singapore and Thailand into regional migration hubs with 6.5 million migrants, highlighted the report Migrating to Opportunity. […]
Read MoreThe Customs Department is requiring senior officials responsible for tax collection to declare their assets to the Finance Ministry in a bid to increase transparency. Targeted officials must declare their assets when their positions change, said director-general Kulit Sombatsiri. He said the requirement relies on the director-general’s mandate and has nothing to do with the […]
Read MoreHANOI — The export of wood and timber products is forecast to bring in US$8 billion in 2017, posting a 17 per cent year-on-year increase and surpassing the target of $7-7.5 billion set earlier this year. Nguyen Ton Quyen, vice chairman and General Secretary of Vietnam Timber and Forest Product Association (VIFORES), said the impressive […]
Read MoreThe value of coffee exported by Laos is expected to exceed US$112 million in the 2017 fiscal year, an increase of 3 percent compared to 2016. Coffee exports topped US$74 million in the first six months of this year, an increase of US$50 million compared to the same period in 2016. Favourable weather and increasing […]
Read More
Thailand
