The Thai baht slipped for a second session on Friday to its lowest in two weeks, leading declines along with the Philippine peso as pressures from an increasingly hawkish United States Federal Reserve weighed on risk-sensitive Asian markets. The Indonesian rupiah snapped a four-day losing streak to appreciate 0.2%. It lost 1% since the start […]
Read MoreInput cost increases have forced manufacturers to increase selling prices. However, purchasing power is weak, which is a warning about a tough year ahead. Nguyen Thi Thin, 52, was seen recently sitting quietly at her pho shop on Nguyen Van Cu Street in Long Bien district in Hanoi. She is among millions of people who […]
Read MoreMANILA, Philippines — The Philippine Statistics Authority (PSA) has rebased the consumer price index (CPI), which is used to determine the inflation rate, to base year 2018 starting next month. The PSA said it has rebased the CPI for all income households to base year 2018 from base year 2012. This will begin next month […]
Read MoreThe suspension of the Test & Go no-quarantine programme for air travellers has been extended indefinitely, but three provinces will be added to the sandbox scheme that currently applies only to Phuket. The decisions were made at a top-level policy meeting on Friday, with the government opting for a compromise between needed tourism revenue and […]
Read MoreLaos has earned over USD 900 million from the export of agricultural products in 2021, according to a recent government report. Exports of bananas brought in USD 225 million, while rubber earned USD 214 million, with cassava earning USD 196 million, sugarcane at USD 25 million, and watermelon netting USD 26 million, Xinhua reports. An outbreak of lumpy […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is further slashing its funding support to the national government as finances show signs of improvement, but has vowed to keep its lines open should additional stimulus be needed with the spread of new COVID-19 variants. In his weekly online press conference, BSP Governor Benjamin Diokno […]
Read More
Thailand
