MANILA, Philippines — Vehicle sales declined 33 percent in November from a year ago amid typhoons that hit the country. The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) said combined sales with the Truck Manufacturers Association (TMA) reached 23,162 units in November, lower than the 34,465 units in the same month a year […]
Read MoreInvestment budget disbursement for the first two months of fiscal 2021 was almost 16% of total investment expenditure, says the Comptroller-General’s Department. Investment budget disbursement totalled 101 billion baht, accounting for 15.5% of the total investment budget of 649 billion for fiscal 2021, said Poomsak Aranyakasemsuk, the comptroller-general. The disbursement ratio was slightly higher than […]
Read MoreGiven abundant liquidity and low demand for credit, banks are offering attractive loans during the year-end period. Many banks in Vietnam are offering loans with low interest rates in an attempt to meet their respective year-end credit goals amid a lack of demand for capital during the Covid-19 crisis. To aid enterprises resuming operation in […]
Read MoreKUALA LUMPUR: The World Bank has suggested the government look into a fiscal policy that strives towards raising revenue and enhancing spending efficiency. In terms of revenue, the government may consider strategies that prioritise increasing the progressivity of the personal income tax framework, it said. The World Bank said the government could look into removing […]
Read MoreSINGAPORE’S resident employment staged a strong rebound in the third quarter of 2020, lifting resident employment levels to near pre-pandemic levels, Ministry of Manpower (MOM) officials said on Thursday as they expressed “cautious optimism” about the labour market. Resident employment jumped 43,200 to 2.34 million in September, which is just a notch below September 2019 […]
Read MoreThe government should extend the property tax incentives that expire on Dec 24, temporarily revoking the lending curbs to provide a longer visa for foreign buyers, which would support the housing market in 2021, say three real estate associations. Chaiyarat Thampeera, a director of the Thai Condominium Association, said the government should offer incentives to […]
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Thailand
