June inflation likely zoomed past 6%: Economists
The last time that headline inflation hit the 6-percent mark was the 6.1-percent rate in November 2018, at the height of the rice crisis, which led to import liberalization.
Economic Affairs
Indonesia may not meet EU demand for coal
Previously, Germany was said to have asked for around 150 million tons of coal from Indonesia, but the ministry said there was no formal agreement to that request.
Vietnam’s GDP hits 10-year high of 7.72% in Quarter 2
The figures for the same quarters in the last three years of 2019, 2020 and 2021 were 7.1 per cent, 0.52 per cent and 6.73 per cent, respectively.
In yet another hike, Pakistan jacks up petrol price by nearly Rs15
Minister of State for Petroleum Musadiq Malik said the government had to take tough decisions to steer the country out of the crisis.
Worsening inflation outlook fuels sharper rate hike bets for South Korea
The monthly increase observed in the survey is also the largest gain seen since the Bank of Korea began compiling data in 2008.
First and only international hemp-cannabis expo to be held in Thailand
Some 300 businesses from 12 key industries have registered for the expo so far. They include medical, cosmetics, food and beverage, spa therapy, herbs and health tourism firms.
Mass biodiversity loss would slash global credit ratings: Report
The study estimated that 58 per cent of the 26 countries studied face a downgrade of their sovereign credit rating.
Economic recovery in China ready to gather pace
Experts say the economy will rebound in the following months with a package of stimulus measures fully taking effect.
Surging fertilizer prices hit Japanese farmers hard
The problem has emerged due to Japan's reliance on China and Russia for most of the materials used to produce fertilizers.
Vietnam’s cashew exports to slow in 2022 amid global inflation, Russia sanctions
The cashew industry exported cashews to 104 countries and territories last year, with Russia being 11th largest buyer of Vietnamese cashews.