MANILA, Philippines — Economists expect a slight uptick in May inflation which may prompt the Bangko Sentral ng Pilipinas (BSP) to hold off additional interest rate cuts within the second quarter. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said inflation may settle at 2.4 percent in May from 2.2 percent in […]
Read MoreAgainst the backdrop of the coronavirus crisis, income uncertainty has become heightened and some individual taxpayers may be tempted to put income tax planning on the back burner. One should not put off tax-saving moves till the end of the year, however, as deferring tax planning could lead to either falling short of the amount […]
Read MoreReports of local vendors refusing to accept small US currency banknotes has continued over the weekend, despite repeated calls from both the Kingdom’s central bank and Prime Minister Hun Sen that all US currency banknotes will still be considered “legal tender”. The confusion started Friday last week after the National Bank of Cambodia’s (NBC) director, […]
Read MoreThe Hanoitimes – The consumer prices, however, increased 4.39% year-on-year in the January- May period, the highest five-month growth rate over the last three years. Vietnam’s consumer price index (CPI), the main gauge of inflation, in May saw a slight decline of 0.03% against the previous month, according to the General Statistics Office (GSO). The rate […]
Read More[SINGAPORE] Singapore will have to find ways to rely less on foreign workers and accelerate automation of some tasks in its post-pandemic economy, Second Minister for Finance Indranee Rajah told reporters Monday. “It should be less and less repetitive manual operation and those should be replaced by automation, and the local population can do more […]
Read MoreThe government may use the tools of the Finance Ministry to increase promotional privileges for investment in bio-economic corridors to entice investors. Anek Memongkol, deputy secretary-general of the National Economic and Social Development Council (NESDC), said that in order to make investment more attractive, incentives from the Finance Ministry may be added to privileges for […]
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Thailand
