MANILA, Philippines — Vehicle sales continued to decline in November, registering a 23.4 percent drop from the same month a year ago, as higher excise taxes and elevated inflation still dampened demand for new purchases. The joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association Inc. (TMA) showed sales reached 31,258 […]
Read MoreThe Cabinet yesterday approved the revised public-private partnership act (PPP Act), under which the private sector can increase their investments in public projects. The new act allows state agencies to propose projects to the Cabinet and open the way for joint investments with private investors in infrastructure projects and commercial development nearby, said Nuttaporn Jatusripitak, […]
Read MoreIn addition to the visa fee waivers approved last week, the cabinet on Tuesday approved more measures to lure foreign visitors. The measures include double-entry visas for six months and special discounts at Thai malls under the “Amazing Thailand Grand Sale: Passport Privileges” campaign, running from Nov 15 to Jan 15, 2019. The measures aim […]
Read MoreA NEW Skills Framework for Wholesale Trade to aid employers and employees in the wholesale trade sector in their career advancement was launched on Wednesday by Koh Poh Koon, Senior Minister of State for Trade and Industry. Jointly developed by Enterprise Singapore, SkillsFuture Singapore and Workforce Singapore, the framework is a comprehensive guide to help in planning career paths, […]
Read MoreChinese e-commerce giant Alibaba provided a great opportunity for Indonesian products to reach China during Singles’ Day, also known as 11.11, the biggest online shopping festival in the world on November 11. Five Indonesian products were sold on the global platform of Alibaba’s Tmall, namely Kapal Api coffee, Yan Ty Ty bird’s nest, Richesse wafer, […]
Read MoreMANILA, Philippines — The national government’s fiscal deficit widened by 78 percent to P378.2 billion in the nine months to September, already accounting for three percent of the country’s gross domestic product. Tax effort meanwhile, improved by 0.7 points to 15.2 percent, the highest tax effort ever recorded during the period owing to the implementation […]
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