The move comes as inflation had eased slightly to 6.8 percent in May, but still remained above the bank's targeted inflation rate between 2 to 4 percent for the third consecutive…
Presenting a macroecono-mic assessment, Deputy Director General of the Macroeconomic Research Institute, Dr Vanxay Sayavong, said the country’s economic outlook had become more…
A chairperson’s draft presented to the council Wednesday stated that revenue taken in by the 1% tax would be returned as cash handouts to the public so the government could…
Whereas the elderly are expected to benefit greatly from the interest rate hike, younger people are likely to be adversely affected.
Faced with the rising costs of key ingredients used in the glutinous rice dumplings, such as shallots and dried shrimps, traders are quietly absorbing increases rather than…
The International Energy Agency said Southeast Asia is a critical driver of global energy trends, with the region’s growth in demand projected to hit 20 per cent to 25 per cent…
Tulus Abadi, chairman of the Indonesian Consumers Foundation (FKBI), said soaring medicine and vitamin prices were an unavoidable consequence of the rupiah’s depreciation,…
Unions seek a 16.3% hike as employers call for lower pay floors in restaurants, hotels, and taxi services.
Agreement raises hope for stranded vessels, energy supply chains, though industry warns full recovery could take months.
Decision comes as prices fall and procurement strategy is revised, but farmers continue to face pressure during peak paddy planting period.