Thai government urged to brace for goods price spike in May

The government has been advised to take steps to cope with an average 5% to 10% increase in the prices of goods in May, when the diesel price, which has…

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Thailand’s inflation in March highest in 13 years, likely to increase

Thailand’s inflation in March increased to 5.73% year on year, which is the highest monthly rise in 13 years, largely due to the price increases for oil, electricity and food…

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Research shows most people fear that the inflationary situation will continue for more than a year. (photo by @helloimnik)

Is Thailand facing the risk of stagflation?

Amid the rising cost of living and uncertain economic prospects, more people are starting to talk about the risk of stagflation, a scenario marked by high inflation and high unemployment…

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A shopkeeper counts the Myanmar kyat currency at his shop in Pazontaung market in Yangon. (Photo by Ye Aung THU / AFP)

Myanmar’s economy has plunged even deeper into a recession pit

As the political turmoil continues to wreak havoc in Myanmar, the economy has plunged into an even deeper recession. By September 29th, the exchange rate was 3,000 Kyat to the…

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A nurse prepares a syringe with a dose of the Pfizer-BioNTech COVID-19 vaccine at a vaccination center in Tlaquepaque, Mexico, on March 8, 2021. (Photo by ULISES RUIZ / AFP)

Vaccines, US stimulus boost global GDP forecast: OECD

The OECD sharply raised its 2021 global growth forecast on Tuesday as the deployment of vaccines and a huge US stimulus programme have greatly improved economic prospects. The Paris-based Organisation…

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