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Philippines: Inflation seen easing to 3.1%-3.9% range

MANILA, Philippines — Inflation may have eased further to a range of 3.1 to 3.9 percent this month due to lower prices of food items, the Bangko Sentral ng Pilipinas (BSP) said Friday. In a statement, the BSP’s Department of Economic Research (DER) said the lower end of this projection was slower than the February inflation figure of 3.8 percent. The […]

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indo02
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Indonesia issues two new regulations on airfares

The Transportation Ministry has issued two new regulations on airline tickets that will determine the calculation of airfares and price ceilings. The two regulations are in the form of Transportation Ministerial Regulation No. 20/2019 on airfares for domestic commercial airlines and Ministerial Decree No. 72/2019 on airfare ceilings, which is a derivative regulation of the former. According to Nur Isnin Istiarto, secretary to […]

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Indonesia records 0.11 percent inflation in March

Indonesia recorded 0.11 percent month-to-month inflation in March, driven by price increases in the manufactured food, beverage and cigarette category, as foodstuff prices remained relatively stable, Statistics Indonesia (BPS) announced on Monday. Year-to-date inflation stood at 0.35 percent, while year-on-year (yoy) inflation was recorded at 2.48 percent. In the first quarter of this year, yoy inflation […]

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indo01
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Indonesia, Malaysia Thailand agree to cut rubber exports

Indonesia, along with two other members of the International Tripartite RubberCouncil (ITRC) — Malaysia and Thailand – will cut the export of natural rubberin an attempt to stabilize the commodity’s global price. Starting April 1, Indonesia will cut rubber exports by 98,160 tons over the next four months, while Malaysia will cut the export by 15,600 tons and Thailand, the largest rubber producer, will cut […]

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Thailand: Quality boardrooms to sustain growth

Most board meetings follow a predictable blueprint. The chairman calls the meeting to order. The agenda items are reviewed. The last meeting minutes are approved. Quarterly performance figures are discussed.  But compliance to form does not guarantee substance, let alone performance, argues Kulvech Janvatanavit, chief executive of the Thai Institute of Directors (IOD).  “It’s not just […]

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