Consumer prices, which indicate the country’s inflation rate, rose in July after a two-month contraction. The increase was largely due to energy prices rising in line with global oil prices, as well as higher seasonal food prices. Pimchanok Vonkorpon, director-general of the Commerce Ministry’s Trade Policy and Strategy Office, said the July consumer price index […]
Read MoreMANILA, Philippines – The imposition of military rule in Mindanao slowed growth in Philippine manufacturing in July, but it nonetheless remained the best performing in ASEAN, the latest reading of the Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI) showed. The Nikkei Philippine Manufacturing PMI registered a lower reading of 52.8 in July, down from 53.9 […]
Read MoreEconomic growth in the second quarter is expected to be close to the first quarter’s reading of 3.3% and accelerate to 3.7% in the second half, says a senior Bank of Thailand official. “Some economic engines showed stronger growth than expected but I, personally, think that GDP growth in the second quarter was roughly the […]
Read MoreSINGAPORE – A 22-member delegation from Singapore is headed to the Philippines on Tuesday (August 1), as interest grows amongst Singapore companies in one of Asia’s most promising economies. The Singapore Business Federation has teamed up with International Enterprise (IE) Singapore and the Philippine Trade and Investment Centre to organise the business mission from Aug […]
Read MoreBANGKOK (THE NATION/ASIA NEWS NETWORK) – Visitors from Singapore and Hong Kong will soon be breezing through immigration at Suvarnabhumi and Don Mueang international airports as authorities implement a new scheme to allow them to use automatic passport scanners currently reserved for Thai nationals. Immigration bureau commissioner Pol Lt-General Nathathorn Prousoontorn said the move would […]
Read MoreHANOI — Vietnam’s trade deficit was estimated at US$3.08 billion in the first seven months of this year, $380 million more than $2.7 billion in the first half, according to the latest data released by the General Statistics Office (GSO). The trade deficit from January-July equaled 2.7 per cent of the country’s export revenue in […]
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Thailand
