MANILA, Philippines — Money sent home by Filipinos overseas grew at a slower pace in July, as better exchange rates as a result of a weak peso allows expats to reduce the dollars they send to their families. Cash remittances coursed through banks went up 2.3% year-on-year in July to $2.92 billion, the Bangko Sentral […]
Read MoreTEMPO.CO, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto said the government is striving to meet the target of suppressing the national food inflation. The inflation rate was expected to be below 5 percent by the end of the year. “We are really facing the food inflation for the remaining four months,” said Airlangga at the 2022 […]
Read MoreAverage year-on-year inflation for the second half (H2) of 2022 will fall below five per cent, on the back of improvements in economic activity, as gross domestic product (GDP) grows around five per cent over the period, National Bank of Cambodia (NBC) governor Chea Chanto reiterated last week. The central bank boss confirmed these figures […]
Read MoreThe cabinet on Tuesday agreed to extend a diesel tax cut for two months and extend an electricity subsidy until December to mitigate the impact of high energy prices, the government said. The cabinet approved extending the excise tax rebate of 5 baht per litre on retail diesel prices for two months to Nov 20, […]
Read MoreA 27% increase has been reported from the same period last year, in the first eight months of 2022. Laos’s main export sources are electricity, gold, paper and paper-related products, copper ore, rubber, and agricultural products and it primarily imports petrol, vehicles, equipment and machinery. Vietnamese export goods have been valued at USD 414.5 million, […]
Read MoreJAKARTA – Indonesia’s central government on Wednesday ordered regional heads to keep food inflation below 5 per cent as the recent hike in fuel prices could add 1.6 to 2 per cent to the inflation rate. Chief Economic Minister Airlangga Hartarto said in a meeting growth in the third quarter would be at around 5.4 […]
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Thailand
