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Philippines missing out on RCEP opportunities

MANILA, Philippines — The Department of Trade and Industry (DTI) emphasized anew the importance of taking part in the Regional Comprehensive Economic Partnership (RCEP) agreement, saying the country’s Southeast Asian neighbors are already enjoying the benefits of the mega-trade deal. “We cannot afford to delay or not participate in this FTA (free trade agreement) deal […]

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Rising fuel price, depreciating kip harming Lao producers

Skyrocketing fuel prices and the continuing depreciation of the kip are ramping up pressure on producers due to soaring production costs, according to a recently unveiled study. Conducted by the Ministry of Industry and Commerce, the research paper stated that the Russia-Ukraine conflict had interrupted the global supply chain, leading to a rise in the […]

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Thailand: BoT maintains its monetary policy

The Bank of Thailand still maintains an accommodative monetary policy to support economic recovery and views that supply-side inflationary pressure will be a temporary factor. The central bank’s Monetary Policy Committee (MPC) will balance monetary policy management prudently, weighting in economic growth, financial stability and the inflation rate amid Thailand’s uneven economic recovery and global […]

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