MANILA, Philippines — Inflation likely stayed manageable this month even as the economy slowly roared back to life from a coronavirus-led shutdown, the Bangko Sentral ng Pilipinas (BSP) said Thursday. In a statement, the central bank’s Department of Economic Research projected consumer prices would rise between 2.2-3% this month. If realized, this would sit comfortably […]
Read MoreThailand’s manufacturing production index (MPI) in June increased for the second consecutive month by 4.1% to 83.0 points as people begin to resume their normal spending, says the Office of Industrial Economics (OIE). Consumer products, notably food and medicines, drove MPI gains, following a slight increase in May when the government started easing lockdown measures. […]
Read MoreTourism marketing plan 2020-2024 is on its way to transform the coastal Kep province into an attractive high-end leisure destination in Cambodia. The optimism was floated following a meeting held in the provincial city yesterday to review the long-term marketing plan chaired by Som Piseth, Kep Provincial Governor. The plan, as underlined by the governor, […]
Read MoreThe Hanoitimes – As of July 15, budget revenue collection reached VND697.5 trillion (US$30.17 billion), equivalent to 46.1% of the year’s estimate. Vietnam recorded a state budget deficit of VND101.1 trillion (US$4.37 billion) in the year to July 15, 2020, a stark contrast from a budget surplus of VN114.84 trillion (US$4.96 billion) in the same period […]
Read MoreSINGAPORE – The majority of property owners with tenants that qualify for rent relief under the amended Covid-19 (Temporary Measures) Act should receive notices regarding their Government cash grants by mid-August, the Ministry of Law (MinLaw) said on Thursday (July 30). Landlords cannot take enforcement action against tenants that meet the criteria for rent relief for non-payment […]
Read MoreThe Airports of Thailand board has resolved to extend a 6-month credit term payment to 12 months for businesses and airlines affected by the Covid-19 pandemic at airports under its supervision, AoT president Nitinai Sirismatthakarn said on Thursday. Mr Nitinai said the board during its meeting on July 29 agreed to extend the credit term […]
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