SINGAPORE – Singapore stayed the 13th most expensive city globally for expatriates to live in despite rising inflation, while Hong Kong was the world’s most costly for the second year in a row. These were some of the findings of the latest cost of living research published by ECA International. The firm carries out two […]
Read MoreTHE Thai tourism sector will likely rebound as tourist arrivals accelerate amid relaxed entry rules and easing Covid-19 cases, analysts said. Maybank analyst Yuwanee Prommaporn upgraded its call on the sector to “positive” from “neutral”, as she expects the trend of rising tourist arrivals could continue until the year-end, with international arrivals reaching 1 million […]
Read MoreMANILA, Philippines — The Philippines’ buffer funds slid down in May, due in part to the national government’s foreign currency withdrawals to pay back debts and declining value of gold. What’s new The Philippines’ gross international reserves amounted to $103.53 billion in May, down from $105.4 billion in April, the BSP reported Wednesday. The central […]
Read MoreForeign investor confidence in Thai shares remained strong last month as the Thai bourse recorded net inflows of more than 139 billion baht for the sixth consecutive month. Foreign investors believe the Thai economy will suffer less of an impact from any food shortages and the tourism industry should revive in the second half, said Stock […]
Read MoreThe consumer price index (CPI) in February increased by 3.2 per cent year-on-year compared to February 2021, according to a release from the Department of Economic Planning and Statistics (DEPS), Ministry of Finance and Economy. The rise in the CPI was in line with the increase in non-food and food and soft beverage prices by […]
Read MoreThe rate of inflation in Laos reached 12.8% in May, the highest point in 15 years. According to information provided by the Bank of Laos, inflation has now increased to a five-year high after reaching 10% in January 2016. Increases in the pricing of major commodities such as oil and other imported items are the […]
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