MANILA, Philippines — The country’s rice inventory maintained its upward trend, rising by 40 percent in August, the Philippine Statistics Authority (PSA) said. Latest data from the PSA showed that total rice inventory stood at 2.13 million metric tons (MT) as of August, 40.3 percent higher than the previous year. However, this is lower by […]
Read MoreCambodia’s major telecommunications companies are developing its 5G network as planned with the help of Chinese firm Huawei, sources familiar with the matter told Khmer Times this week. Using Chinese technology provided by Huawei, Metfone, Cellcard and Smart Axiata are preparing their 5G networks, sources said on Tuesday. Metfone, a subsidiary of Vietnam’s Viettel Group, is using […]
Read MoreHoteliers have shown little interest in the tourism cash handout scheme, citing the low value of the giveaway and the complexity of the process. As of Monday, 13,000 operators were signed up to the scheme. About 70% were shop and restaurant operators. Supawan Tanomkieatipume, president of the Thai Hotels Association (THA), said a key stumbling […]
Read MoreThe prices of local peanut oil and groundnuts, which rose in August, are expected to stabilise this month, says an official with an industry organisation. “Groundnut prices last month rose to a high of K4200 a viss (1.6 kilos) and it caused problems for local edible oil millers. However, new groundnut supplies will enter the […]
Read MoreThe University of the Thai Chamber of Commerce (UTCC) Centre for Business and Economic Forecasting has announced that the confidence index has dropped to 46.5 points, the lowest in 19 months. Thanawan Polvichai, the centre’s director, said entrepreneurs are facing cashflow problems as people’s purchasing power has dropped. The economy is also being affected by […]
Read MoreThe Excise Department has announced that taxes on sugary drinks will double from October 1, with beverages containing 10 to 14 grams of sugar being taxed at Bt1 per 100 millilitres instead of Bt0.5 per 100ml, adding that this tax will not be passed on to consumers despite the higher cost of production. Nattakorn Utensut, […]
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Thailand
