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Thailand: May prices down 3.4%, led by oil slump

The consumer price index, a gauge of headline inflation, fell 3.44% year-on-year in May, the biggest decline in nearly 11 years, led by lower prices for energy and fresh produce and the government’s efforts to reduce living costs. This was the third straight month of declines after prices fell 2.99% in April and 0.54% in […]

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Cambodia ranks ‘expensive’ mobile data in region

A recent study has found that Cambodia has one of the most expensive mobile data markets in Southeast Asia. The report released this week by Cable, a United Kingdom-based telecommunications company, found that Cambodia is the fourth most expensive country in the region when it comes to buying mobile data. The findings came after another […]

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Philippines: Lockdowns destroy jobs of 5 million Filipinos in April

MANILA, Philippines — Five million more Filipinos were left jobless by the pandemic and government-initiated lockdowns in April, in the clearest sign of socioeconomic damage from the health crisis that saw businesses getting shuttered and people unemployed. While state officials said some job losses were temporary and could have since recovered with Metro Manila’s reopening, observers cautioned the […]

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Three Asean countries offer to buy Myanmar rice

Three Asean heavyweights – Malaysia, Indonesia and the Philippines – have offered to buy rice produced in Myanmar, U Khin Maung Lwin, deputy secretary of the Ministry of Commerce, told The Myanmar Times. The Philippines and Malaysia have offered to purchase 300,000 tonnes and 50,000 tonnes of rice from Myanmar, respectively, while Indonesia has yet to […]

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