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Philippines: ING sees inflation easing

MANILA, Philippines — Dutch financial giant ING expects inflation to decelerate starting this month and return to within the two to four percent target set by the Bangko Sentral ng Pilipinas (BSP) as early as next month as supply conditions ease. ING Bank Manila senior economist Nicholas Mapa said inflation may ease in the coming […]

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Thailand: ICI rises 1.6% as jabs boost investor sentiment

The Investor Confidence Index (ICI) for stocks in the next three months rose by 1.6% from the previous month and remains in the bullish zone as investors expect the Covid-19 vaccination programme to ease the pandemic situation. The upcoming nationwide vaccination drive is the main factor amping up investor sentiment, followed by anticipation of local […]

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Thailand: Vietnam told to moderate measures

Thailand is calling on Vietnam to ease trade obstacles on sugar products and facilitate drug registration as well as land transportation at border checkpoints. Speaking after a discussion on Monday with Phan Chi Thanh, Vietnam’s Ambassador to Thailand, Commerce Minister Jurin Laksanawisit said his ministry asked Vietnam through the ambassador to help relax trade protective measures […]

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