World

Philippine inflation hits seven-month high

The Philippines’ inflation climbed to a seven-month high in October, reaching 2.9 percent, up 0.2 percent against the previous month.
The Philippines’ inflation climbed to a seven-month high in October,reaching 2.9 percent, up 0.2 percent against the previous month.

According to the National Statistics Office (NSO), in the first tenmonths of the year, inflation averaged 2.8 percent, still below theCentral Bank of the Philippines (BSP)’s full year forecast range of 3-5percent.

The prices of food and non-alcoholbeverages increased to 3.2 percent in October, followed by garment andfootwear, 3 percent.

BSP also said that inflation may slow down in the remaining months and is expected to hit 28-2.9 percent this year.-VNA
Follow VietnamPlus

See more

At the 13th Mekong - RoK Foreign Ministers' Meeting in Kuala Lumpur (Photo: Ministry of Foreign Affairs)

Mekong, RoK chart course for digital-era cooperation

In the new development phase, the Mekong-Korea Cooperation should focus on innovation as the key driving force, placing people at the centre of development while ensuring water-food-energy security and developing cultural industries, said Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son.

India, ASEAN adopt new plan of action for next five years at the ASEAN-India Foreign Ministers' Meet. (Photo: aninews)

India, ASEAN adopt new 5-year action plan at AMM-58

In a post on X, Indian Minister of State for External Affairs Pabitra Margherita who co-chaired the meeting, noted that the ASEAN-India Plan of Action for 2026-2030 aims to expand cooperation further and give impetus to the comprehensive strategic partnership between India and the Association of Southeast Asian Nations (ASEAN).

Malaysian Prime Minister Anwar Ibrahim (sixth from left) poses for a photo with foreign ministers of ASEAN countries, Timor Leste and ASEAN Secretary-General Dr. Kao Kim Hourn at the opening ceremony of the AMM-58 on July 9. (Photo: VNA)

AMM-58, related meetings open in Kuala Lumpur

AMM-58 is the largest gathering of ASEAN foreign ministers and senior diplomats from around the world to discuss pressing global and regional issues, promote cooperation, and advance the security and sustainability agenda in ASEAN.

(Photo: nationthailand.com)

Thailand hopes to conclude US trade talks before new deadline

The Southeast Asian country has offered to cut import duties on most US goods to zero, expand access for US agricultural and industrial products, and increase purchases of energy and Boeing jets. It also pledged to reduce its 46 billion USD trade surplus with the US by 70% within five years.

A resident buys vegetables at a Bangkok supermarket. (Photo: bangkokpost.com)

Thailand’s CPI falls for 3rd straight month in June

Thailand’s consumer price index (CPI) declined for a third consecutive month in June, attributed to lower energy and food prices, though there are no signs of deflation, according to the country’s Commerce Ministry.

Jirayu Huangsap, Spokesperson for the Prime Minister’s Office (Photo: The nation)

Thai cabinet approves withdrawal of entertainment complex bill

The bill, which had previously been proposed by the Ministry of Finance, outlined mechanisms for regulating entertainment businesses through a two-level committee system: the Comprehensive Entertainment Policy Committee and the Entertainment Business Control Board. The goal is to establish standards and regulatory measures for the industry.