MANILA, Philippines — The contribution of rice to inflation multiplied tenfold this year amid issues on supply and importation, underscoring the need to implement reforms in the government’s agricultural policies, according to the Department of Finance (DOF). In his presentation to members of the Cabinet, Finance Secretary Carlos Dominguez said rice has become one of […]
Read MoreCoordinating Economic Minister Darmin Nasution said on Thursday the government would soon hold a meeting to decide on whether it will increase the price of the subsidized Premium-branded gasoline after the issue sparked controversy on Wednesday. Energy and Mineral Resources Minister Ignasius Jonan announced the price increase of Premium gasoline starting on Wednesday, but less […]
Read MoreMotorcycle taxis nationwide will receive a discount on gasohol 95 of three baht per litre by December in a bid to manage the effects of higher global oil prices, says Deputy Prime Minister Somkid Jatusripitak. The discount price will be administered through the state-owned oil and gas conglomerate, PTT Plc, whose petrol stations will take part in […]
Read MoreThe Hanoitimes – The sales of electricity to Vietnam Electricity (EVN), the sole distributor of electricity in the country, is at 9.35 US cents per kWh for 20 years. B. Grimm Power, the power generation arm of Thailand-based B.Grimm Group, has reached a 20-year agreement to supply electricity from its 257-MW solar photovoltaic (PV) farm in […]
Read MoreSINGAPORE: Singapore’s economy expanded slightly less than expected in the third quarter from the previous quarter on an annualised basis, with growth supported by an improvement in the construction sector, preliminary data showed on Friday. The economy grew 4.7 percent in the July-September period from the previous three months on an annualised and seasonally adjusted […]
Read MoreAlipay’s transaction volume in Thailand ranked No.2 globally, behind Hong Kong, and was tops in Southeast Asia, tallying 1.4 times last year’s volume, while the average spending per user of 1,584 yuan (7,501 baht) was 0.95 times last year’s figure. During China’s Golden Week holiday (Oct 1-7), Alipay, the world’s largest mobile payment and lifestyle platform, […]
Read More
Thailand
