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Philippines: Inflation seen rising

MANILA, Philippines — The country’s inflation is seen to temporarily rise in the coming months amid high global commodity prices, but is expected to return within the government’s target level, according to an international think tank. “We expect inflation to rise over the coming months, but probably not enough to worry the central bank,” said […]

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Best Logistics Technology’s cross-border delivery from Thailand to Cambodia

Best Logistics Technology supports cross-border delivery from Thailand to Cambodia. In addition, it also does cross border deliveries to China, Malaysia, Vietnam and  Laos and Myanmar is the next destination Best Logistics Technology (Thailand), the operator of express delivery service Best Express, is expanding its reach on large goods shipment services and factory customers while […]

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Indonesia gov’t raises palm oil export levies

The Indonesian government has doubled the upper limit of palm oil export levies to dissuade companies from exporting the product amid a domestic shortage of palm oil-based cooking oil. The finance ministry on March 18 issued a regulation that raises the progressive levy up to $375 per tonne of crude palm oil (CPO) when international […]

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Thailand: Restaurant chains readjust in light of higher costs

With most producers preparing to increase prices, restaurant chains are expected to follow suit thanks to the spike in manufacturing costs as a result of the Russia-Ukraine war and galloping inflation amid the prolonged pandemic. Every category of retail eatery ranging from food courts, sukiyaki, shabu and steak to high-end restaurants have gradually increased their […]

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