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Thailand: Rate poised to slow to 2-3% in 2023

Thailand’s inflation rate is expected to slow to 2-3% this year after soaring to a 24-year high last year, driven mainly by rising energy prices. The Commerce Ministry on Thursday reported headline inflation, gauged by the consumer price index (CPI), rose by 6.08% in 2022 from a year earlier, which was close to the projection (between […]

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Cambodia, Brunei discuss bilateral agriculture cooperation

Cambodia and Brunei have exchanged views on promotion of bilateral cooperation, especially in agriculture. The discussion was made in a recent meeting between Dith Tina, Cambodian Minister of Agriculture, Forestry and Fisheries and Pengiran Kasmirhan Pengiran Tahir, Brunei Ambassador to Cambodia at the ministry’s office in Phnom Penh. The two sides touched on range of […]

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Thailand: Headline CPI up 5.89%, in line with forecast

Thailand’s headline consumer price index (CPI) rose 5.89% in December from a year earlier, in line with analyst forecasts, but above the previous month driven by higher energy and food prices, government data showed on Thursday. The index compared with a forecast for a 5.9% rise in December in a Reuters poll and followed November’s 5.55% […]

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Asian, Vietnamese tourists eager to travel internationally

Almost four in five travelers in Asia are eager to travel internationally in 2023 as concerns around inflation and rising costs will likely not stop travelers from packing their bags, reported a Klook study in nine markets, including Vietnam. An overwhelming majority, about 81 per cent, are eager to travel internationally in the new year, with one third planning to take at least two to four […]

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Singapore retail sales up 6.2% on the year in November

SINGAPORE’S retail sales rose 6.2 per cent on the year in November, continuing from the previous month’s 10.3 per cent growth, Department of Statistics (Singstat) data showed on Thursday (Jan 5). On a month-on-month seasonally adjusted basis, retail sales were down 3.7 per cent, reversing from the 0.1 per cent growth charted in October. November’s […]

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