Inflation ran at 1.33% year-on-year in September, rising for the 15th consecutive month, on rising oil prices. This year’s inflation was now projected at 1.25%, the Commerce Ministry announced. Pimchanok Vonkornpon, director of the Trade Policy and Strategy Office, said on Monday that rising oil prices were the major factor, with energy accounting for 0.93% of […]
Read MoreFor the second successive month, Indonesia recorded deflation, with the figure for September at 0.18 percent, higher than 0.05 percent deflation the previous month, Statistics Indonesia (BPS) announced on Monday. The latest figure brings year-to-date (ytd) inflation to 1.94 percent, while year-on-year (yoy) inflation stands at 2.88 percent. September’s deflation was also in contrast with […]
Read MoreThe Hanoitimes – Vietnam should further promote the transparency if it wants to attract more FDI inflow from the world’s leading investors, especially those from the US and EU, into high-tech and modern services sectors, experts suggested. Though Vietnam has gained a large amount of FDI over the past three decades, the inflow from the US […]
Read MoreThe Revenue Department has chosen Counter Service Co as its agent for value-added tax refunds for departing foreign tourists from Oct 1 to March 31. Director-general Ekniti Nitithanprapas said there were three applicants for the initial six-month pilot project. Counter Service was the only one chosen The company would offer VAT refund services at its […]
Read MoreThe Hanoitimes – The move is necessary for Vietnam Electricity to cover an incurred cost of VND20.73 trillion (US$892.18 million) in the 2018 – 2019 period, stated the Ministry of Industry and Trade (MoIT) on its website. Power prices in Vietnam would remain unchanged in the remaining months of 2018 following the instruction of Prime Minister […]
Read MoreMANILA, Philippines — The National Economic and Development Authority (NEDA) has assured British businesses that the government is working to ease foreign investment restrictions through the 11th Regular Foreign Investment Negative List (FINL), which is now up for signing by President Duterte. During the recent Philippine economic briefing held by economic managers in London, Socioeconomic […]
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Thailand
