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The Thai cabinet has approved a budget of 3.35 trillion THB (over 100 billion USD) for the 2024 fiscal year, government spokesman Anucha Burapachaisri has said.

Indonesia’s inflation rose slightly in December and remained above the central bank’s target range for the 7th successive month, as household spending increased during the year-end holidays.

The inflation rate in Laos surged to 38.46% in November, a record high in the last 23 years, according to the Statistics Bureau under the Lao Ministry of Planning and Investment.

The Lao economy is expected to recover in 2023 thanks to measures to increase new investment and enhance the production of renewable energy and mining activities, according to the Asian Development Bank (ADB).

Inflation rate in Laos surged from 30.01% in August, 2022, to 34% in September, according to the Lao Statistics Bureau.

Indonesia's inflation rate in September soared to its highest since October 2015 due to higher transport costs following a fuel price hike, according to Statistics Indonesia.

The headline consumer price index (CPI) of Thailand in August rose 7.86% year-on-year, the highest level since July 2008, the Thai Ministry of Commerce reported on September 5.

The Singapore-based United Overseas Bank has maintained its forecast for Vietnam’s GDP growth at 6.5 percent and core inflation rate at 3.7 percent of core inflation rate in 2022, but predicted that inflation may reach 5 percent in 2023 due to multiple risks and challenges.

Vietnam is likely to complete its target of 6.5 percent in economic growth for 2022, but the goal of keeping the inflation rate under 4 percent is tough, according to Assoc. Dr. To Trung Thanh from the National Economics University (NEU).

Thailand's economy has gone into stagflation because of a fragile recovery and surging price hikes, according to an economist at the Economic Intelligence Centre (EIC), a research unit under the Siam Commercial Bank (SCB).

The year-on-year inflation rate jumped to 7.3 percent in February, the highest figure recorded in Laos since January 2016.

The year-on-year inflation rate in Laos jumped to 6.25 percent in January, the highest figure recorded since January 2020, according to the Lao Statistics Bureau.

Indonesia's Central Statistics Agency (BPS) has announced that the country’s inflation rate hit 1.87 percent in 2021.

Vietnam will certainly keep its inflation rate under 4 percent for the whole year as targeted by the National Assembly since the average Consumer Price Index (CPI) growth is now estimated at around 2 percent, according to Deputy Minister of Industry and Trade Do Thang Hai.

Prime Minister Pham Minh Chinh took the floor at a Q&A session on November 12 to give further explanation after Cabinet members answered law-makers' questions on issues regarding health care; labour, invalids and social affairs; education and training; and planning and investment.

Salary increases at multinational companies this year are expected to be marginally down from 2020 and rise slightly next year.

The year-on-year inflation rate of Laos rose to 4.7 percent in July, highest level recorded since August last year, reported the Lao Statistics Bureau.

Cambodia's inflation rate in the first half of this year was 2.5 percent, a decline of 0.6 percentage point compared to the second half of last year, according to a report released by the National Bank of Cambodia (NBC) last week.

Although Vietnam’s headline inflation rose to an eight-year high of 1.5 percent in February, it would be stable at 3 percent for the whole yaer, according to the Hong Kong Shanghai Banking Corporation (HSBC).

The banking sector has set a goal of flexibly managing and coordinating monetary, macroeconomic, and fiscal policies to control the inflation rate to around 4 percent this year and serve economic recovery and growth.