The Energy Regulatory Committee has ordered three state electricity authorities to cut electricity bills by three per cent for all types of consumers for the next three months. The reduction will be valid from this month until June, said ERC secretary-general Khomgrich Tantravanich today (April 2). The move is in response to the government’s policy […]
Read MoreThe Ministry of Commerce is temporarily suspending the issuance of rice export permits, says a senior official with the Department of Trade. “We are just restricting the issuance of new export licences as a temporary measure until we can change to a better system. But after the new arrangements are in place, the licences will […]
Read MoreThe Lao government is to reduce and defer the payment of tax, customs, and other administrative fees during the coronavirus outbreak. Deputy Prime Minister Dr. Sonexay Siphandone stated on Thursday that the government was taking such measures to mitigate economic effects due to the virus outbreak. The vehicle road tax payment deadline will be extended […]
Read MoreAutoriti Monetari Brunei Darussalam (AMBD) yesterday published Brunei Darussalam’s Residential Property Price Index (RPPI) for the fourth quarter of 2019. The index is compiled using data sourced from banks in Brunei Darussalam, and is published with close cooperation from the Ministry of Development, in particular the Authority for Building Control and Construction Industry (ABCi). In […]
Read MoreThe Hanoitimes – Vietnam’s headline inflation averaged 5.6% year-on-year in the first quarter, but has been gradually decreasing since last December. There is a high chance that Vietnam’s inflation could stay far below the 4%-target in the second half of 2020, thanks to a sharp decline in crude oil prices, stricter control on food prices, and […]
Read MoreSINGAPORE’S retail sales continued their downward slide in February, shrinking 8.6 per cent year on year due to the decline in tourist arrivals and lower domestic consumption as a result of the deepening coronavirus pandemic, according to the Department of Statistics on Friday. Excluding motor vehicles, retail sales fell 10.2 per cent year on year in […]
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Thailand
