The lockdown of Samut Sakhon due to a new surge in Covid-19 infections will cause about 1 billion baht a day in economic damage, says Amphai Harnkraiwilai, chairwoman of the Samut Sakhon Chamber of Commerce. She said the province’s seafood industry with sales amounting to 400 to 500 million baht a day, as well as […]
Read MoreThe annual rate of inflation in Myanmar, based on the Consumer Price Index, continued dropping to 5.21 per cent in October 2020 as consumer price fell amid the COVID-19 impacts, according to the inflation report released by the Central Statistical Organization, under the Ministry of Planning, Finance and Industry. There was a slump in consumer […]
Read MoreThailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand. The central bank’s comments follow the release of a US Treasury Department report that placed Thailand on the “monitoring list” of 10 countries labelled potential currency manipulators. […]
Read MoreThe General Department of Taxation is set to launch a Property Tax App soon, according a senior official of the General Department of Taxation. Director-General Kong Vibol announced the app during a GDT Special Live Show that provided an update on the tax department’s activities, saying it has already been developed. Prior to its release […]
Read More2C2P, a payment platform, and KBZPay, the leading mobile wallet in Myanmar, have established a partnership to expand the digital payments network in Myanmar. The partnership will bring together 2C2P’s online payment systems and KBZPay’s mobile wallet technology to open up new possibilities for people in Myanmar to transact with global and local businesses. In […]
Read MoreKUALA LUMPUR: The credit profile of Malaysia (issuer rating A3) is supported by the countryʼs “a1” economic strength, which reflects a large and diverse economy, Moody’s Investors Service says. It said on Friday the Malaysian economy boasts solid medium-term growth prospects and high levels of competitiveness. “Its ‘a2’ institutions and governance strength, which balances solid […]
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