The Finance Ministry has extended a payment channel that is eligible for the government’s value-added tax (VAT) refund scheme for shopping during Chinese New Year, adding QR code payment to debit cards as originally planned. Those entitled to the VAT refund from shopping during Feb 1-15 must be Thai nationals, said Finance Minister Apisak Tantivorawong. For […]
Read MoreThe government revised down the Indonesian coal reference price to US$92.41 per ton in January, 0.1 percent lower than the price in the previous month, which was $92.51 per ton. Energy and Mineral Resources Ministry spokesperson Agung Pribadi said the revision was in response to China’s new coal import quota policy. “The policy has led […]
Read MoreMANILA, Philippines (Updated 10:59 a.m.) — Soaring prices in the Philippines cooled down for a second consecutive month in December to post the slowest rate since June 2018, the country’s statistics agency reported Friday, driven by lower food prices and transport costs during the month. Inflation eased to 5.1 percent in December, slower than 6 percent recorded […]
Read MoreCambodia’s economy is predicted to remain resilient and maintain a high growth rate this year in the face of challenges posed by the global economy, according to a National Bank of Cambodia (NBC) press release. The NBC press release stated that it expects the economy to grow by seven per cent this year, while monetary […]
Read MoreHANOI — Vietnam can keep inflation below 4 per cent in 2019 despite an unpredictable world economy, according to experts. The economists were speaking at a seminar on market developments and prices held in Hanoi on Thursday. The workshop aimed to analyse the market in 2018 to provide a scientific basis for forecasting and proposing inflation control solutions, […]
Read MoreThe oil and gas sector is looking exciting this year, with opportunities emerging from an international tender scheduled to take place early this year for the first time since 2013. In addition to onshore and offshore blocks, the tender is expected to include work in “Improved Petroleum Recovery” blocks at older oil fields in Myanmar. […]
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