MANILA, Philippines — The country can still attain its poverty reduction goals despite the adverse effect of soaring consumer prices on the poor, according to the National Economic and Development Authority (NEDA). Socioeconomic Planning Secretary and NEDA chief Ernesto Pernia said the country has plenty of time to catch up on poverty reduction efforts slowed down by the spike […]
Read MorePETALING JAYA: Helped by an easier rise in the prices of fuels, Malaysia’s inflation moderated to its slowest pace in 42 months in August, lower than consensus estimates. This, according to economists, strengthens expectations that Bank Negara will keep interest rates unchanged at the current “accommodative” level till the end of this year amid the need to balance between the risks […]
Read MoreThe latest round of US tariff hikes on an additional US$200 billion (6.49 trillion baht) worth of Chinese goods is expected to help Thai exports, offering opportunities to replace the Chinese products in the US market, according to a Commerce Ministry study. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office under the Commerce Ministry, […]
Read MoreMANILA, Philippines — Last month’s BOP surplus was a reversal of the $7 million shortfall recorded in August last year. The Philippines has been booking BOP deficits since the start of the year due to strong foreign currency outflows. The latest figure was the biggest since the country recorded a $2.04 billion BOP surplus in […]
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Thailand
