The Bank of Thailand has relaxed conditions attached to its Bt500-billion soft loan package, making it easier for individuals and companies to access credit. The relaxation follows a surge of Covid-19 cases in Thailand as well as other countries around the world. Some countries have also been hit by a new mutation of the virus, […]
Read MoreKUALA LUMPUR: Malaysia has set the export tax for crude palm oil (CPO) at eight per cent for January 2021. In a circular posted on the Malaysian Palm Oil Board’s website, the Royal Malaysian Customs Department said the eight per cent export duty rate was set after the CPO market price reached RM3,450 per tonne […]
Read MoreKUALA LUMPUR: Malaysia has imposed anti-dumping duties on certain flat-rolled steel products from China, South Korea and Vietnam for five years, its Ministry of International Trade and Industry said on Wednesday. The duties on flat-rolled products of non-alloy steel plated or coated with aluminum and zinc, come after an anti-dumping investigation was carried out on […]
Read MoreMANILA, Philippines — Filipino consumers still reeling from pandemic-induced joblessness are set to be pounced by higher taxes and premium contributions to social services next year. While most tax increases are levied on alcohol and tobacco, products which government wants people to avoid for better health, private sector workers are also set for smaller take-home […]
Read MoreKUALA LUMPUR: Malaysia’s Consumer Price Index (CPI) slipped 1.7 per cent year-on-year (y-o-y) to 120.0 in November 2020 from 122.1 recorded in the same month in 2019, said the Department of Statistics Malaysia (DOSM). In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the lower CPI to the decline in several […]
Read MoreFighting the pandemic and keeping the ailing economy going have been almost insurmountable tasks for Thailand this year. The Bank of Thailand has forecast a GDP contraction of 7.8% in 2020, crucially weighed down by the outbreak. After wading through the first lockdown and fending off new local infections for months, a sudden spike in […]
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