The Commerce Ministry yesterday launched a fresh mobile grocery store campaign to help reduce the cost of living for people in Greater Bangkok. Presiding over the launch of the new mobile grocery store campaign, Commerce Minister Jurin Laksanawisit said the latest campaign features 730 mobile pick-up trucks and small trucks selling 73 products in six […]
Read MoreIndonesia, which is the largest economy in Southeast Asia, is considering imposing taxes on cryptocurrency trading as demand in the sector is booming with the recent price rally. Neilmaldrin Noor, a spokesperson for the country’s tax agency, told Reuters that the Indonesian government is willing to strengthen its tax collections after the impact of the ongoing pandemic has drained […]
Read MoreInput cost inflation is the main concern for the second half of 2021. While the expansion of the consumer price index (CPI), seen as a gauge for inflation, remained under control, growing prices of input materials and heating up economic activities are factors that could increase inflationary pressure on the remaining months of the year. […]
Read MoreEquity markets tumbled in Asian trade Tuesday following steep losses on Wall Street as investors grow increasingly worried about a surge in inflation that could force central banks to wind back their ultra-loose monetary policies earlier than forecast. All eyes are on the release this week of crucial data on US retail sales and consumer […]
Read MoreVietnamese firms invested $545.9 million in overseas projects in the first four months of 2021, a year-on-year rise of 7.9-fold, according to Vietnam’s Ministry of Planning and Investment. Cambodia secured $89.1 million in these investments from Vietnam, ranking second in terms of the total investments announced for the first four months. There were 18 new […]
Read MoreMANILA, Philippines (UPDATE 1 11:50 a.m., May 11) — The Philippines stayed in recession in the first quarter as expected, making official intuitions that once Southeast Asia’s fastest growing economy would crawl back to prosperity in the face of soaring prices, more infectious coronavirus variants and sluggish vaccinations. Gross domestic product (GDP) shrank 4.2% year-on-year from January to […]
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Thailand
