MANILA, Philippines — Economists now expect inflation to peak to as high as 5.7 percent in June amid soaring global oil prices and elevated food prices, prompting monetary authorities to reverse to a tightening mode via a series of rate hikes. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said inflation is […]
Read MoreThe baht opened at 34.60 to the US dollar on Tuesday, strengthening slightly from Monday’s close of 34.62. The currency is expected to move in a range between 34.50 and 34.70 on Tuesday, said Krungthai Bank market strategist Poon Panichpibool. Poon said that the baht was under pressure from a risk-off market that is supporting […]
Read MoreCambodia’s total agricultural value-added growth is estimated to increase at an average annual rate of around 3.09 per cent between 2019 and 2030, with the imminent introduction of the Agricultural Development Policy 2021-2030, the agriculture ministry announced. Ministry of Agriculture, Forestry and Fisheries spokesman Srey Vuthy said that with the introduction of the policy, which […]
Read MoreLaos’ main border crossing at the first Lao-Thai Friendship Bridge linking Vientiane to Nong Khai province in Thailand has reopened after being closed for more than two years to curb the spread of Covid-19. It comes after the government announced it would fully reopen the country, starting on May 9. Lao Airlines – the national […]
Read MoreMANILA, Philippines — Economists now expect inflation to peak to as high as 5.7 percent in June amid soaring global oil prices and elevated food prices, prompting monetary authorities to reverse to a tightening mode via a series of rate hikes. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said inflation is […]
Read MoreThe retail price of diesel in Greater Bangkok will remain capped at 32 baht per litre, as the government has tried to continue its energy subsidy measures to help alleviate people’s hardship and reduce their cost of living. According to the director of the Oil Fuel Fund Office (Offo), Wisak Watanasap, the board on Monday […]
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