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Thailand: New stimulus package to boost spending power of low-income groups

The government will this week consider measures to increase the purchasing power of low-income groups and support small businesses. Lavaron Sansnit, the director-general of the Fiscal Policy Office, said on Sunday that the Finance Ministry would urge the government’s centre for economic situation administration to approve the latest stimulus measures on Wednesday or Thursday. Earlier, […]

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Cambodia seeks to be transport hub

Cambodia is working on several fronts to modernise its transport infrastructure and services, concentrating on opening new international gates to relieve and balance traffic congestion at its borders, Minister of Public Works and Transport Sun Chanthol said on Thursday. This is part of the Kingdom’s ambitions to transform into a logistics hub for the ASEAN […]

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Philippines: Govt debt payments hit P60B in July

Lower amortization expenses pulled down the national government’s debt servicing in July by more than 30 percent compared to the payments done a year ago, data released by the Bureau of the Treasury showed. Debt payments in July settled at P60.91 billion, shrinking by 34.12 percent from the P92.46 billion recorded a year earlier. Interest […]

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