The Hanoitimes – Deputy Minister of Industry and Trade Do Thang Hai said at the government regular meeting on December 3 that his ministry has drafted four scenarios in building power price schemes in 2019. Vietnam’s Ministry of Industry and Trade (MoIT) has said that it will report power price schemes to the government’s Price Management […]
Read MoreMANILA, Philippines (Updated 1:34 p.m.) — Philippine consumers reeling from soaring prices finally got their much-awaited reprieve in November, which saw a softer inflation print on the back of slower price increments for food and tumbling oil prices, the country’s statistics agency reported Wednesday. Inflation cooled down to a four-month low of 6 percent in November from […]
Read More“This will expand the demand for truck and bus tyres and in the process increase the utilisation of local natural rubber,” he said. Michelin (Thailand) Co Ltd uses 100 per cent local natural rubber, he added. Asia Books Co Ltd’ managing director Gesarin Anek said the measure was good for the book market and could […]
Read MoreMANILA, Philippines — The Philippine Chamber of Commerce and Industry (PCCI) is in favor of withdrawing the suspension of the second tranche of excise taxes on petroleum products under the Tax Reform for Acceleration and Inclusion (TRAIN) Law. “While PCCI championed TRAIN, it was among the first organizations to call for the suspension of the excise tax on oil because […]
Read MoreE-commerce platform Lazada Indonesia is to hold a three-day online shopping festival, the Lazada 12.12 Grand Year End Sales, from Dec. 10 to 12, one day of which would be dedicated to promoting the sales of Indonesian products, including those produced by small and medium enterprises (SMEs). “As a Lazada commitment to boost local product […]
Read MoreMANILA, Philippines — The government’s inflation target for next year would not be affected by the further hike in excise tax on fuel products scheduled to be levied in January, Budget Secretary Benjamin Diokno said Wednesday. President Rodrigo Duterte’s economic managers last week called off their previous plan to defer the next round of oil tax increase […]
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Thailand
