Foreign ministers of India and the ASEAN nations on Thursday agreed to work towards a “meaningful and substantive” comprehensive strategic partnership even as the two sides explored ways to navigate the implications of the developments in Ukraine on tr…
Read MoreThe Lao government is so desperate for cash that it is offering about U.S. $340 million in bonds with a six-month interest rate of 20 percent, terms that sources told RFA sounded too good to be true.The Lao economy is struggling with rampant inflation,…
Read MoreThailand’s inflation for this year is projected to rise from 4.9% to 5.9%, which would be the highest in 24 years. It may peak at 7% during the third quarter, before it starts to fall, in line with increasing domestic output and a global economic slowd…
Read MoreThailand’s Fuel Fund Executive Committee decided today (Monday) to increase the diesel price by another one baht per litre, to 34.94 baht, effective tomorrow, the fourth rise since May 1st and almost reaching the ceiling price set at 35 baht/litre.Dire…
Read MoreNEW YORK (Reuters) -Oil prices fell on Friday, after U.S. consumer prices rose more than expected and China imposed new COVID-19 lockdown measures.Brent crude fell $1.06 to settle at $122.01 a barrel. U.S. West Texas Intermediate crude fell 84 cents to…
Read MoreThe Thai cabinet today (Tuesday) acknowledged the Monetary Policy Committee’s projection that the country’s inflation this year will reach 4.9%, which is higher than previous forecasts, mainly due to increases in energy and food prices, according to De…
Read MoreThe Fuel Fund Executive Board decided to increase the price of diesel fuel by another baht today (Monday), to 33.94 baht per litre, effective tomorrow, following a spike in global prices, due to worries of disruption in supplies from Russia and ease of…
Read MoreConcentrations of carbon dioxide in the atmosphere in May were 50 percent higher than during the pre-industrial era, reaching levels not seen on Earth for about four million years, the main US climate agency said on Friday.Global warming caused by huma…
Read MoreRunaway inflation in Laos has caused prices of food, gas and other essentials to nearly double over the past year, some even within the last month, sources in the country told RFA.Inflation in the country is closely related to the value of the kip rela…
Read MoreEnding weeks of speculation, the Bank of Thailand (BOT) and the Securities and Exchange Commission (SEC) on March 24 put in place new regulations governing the digital assets business, effectively curbing their ambitious outreach.The authorities made i…
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