phil01
Read More

Philippines: Proposed 2022 budget ‘too small’ to rescue pandemic-hit economy — IBON

MANILA, Philippines — President Rodrigo Duterte’s proposed P5.024 trillion budget for 2022 is “too small” to stimulate demand in the consumption-starved economy and adequately respond to the pandemic, a non-government think tank said. “The Duterte administration is not spending enough to stimulate the economy and, moreover, is not even spending on health, ayuda (aid), and small […]

Read More
th01
Read More

Thailand: Digital lawbreakers face fines

The Digital Economy and Society (DES) Ministry has warned digital service providers face a fine of 500,000 baht if they break an updated law requiring the retention of their users’ computer traffic data. On Aug 13, the Royal Gazette published the DES Ministry’s new criteria for the retention of computer traffic data by service providers. This notification […]

Read More
bru01
Read More

Brunei inflation low, stable

Brunei Darussalam’s inflation has been low and stable averaging around 1.2 per cent over the last 40 years. This was revealed by Autoriti Monetari Brunei Darussalam (AMBD) Deputy Managing Director (Monetary Operations/Development and International) Hajah Noorrafidah binti Haji Sulaiman in a presentation during the AMBD 10th Anniversary Seminar at The Rizqun International Hotel yesterday. Themed […]

Read More
P1-D_24062021
Read More

Brunei passport ranked fifth most powerful

A new passport index from Sovereign Man rated Brunei Darussalam as having the world’s fifth most powerful passport. Brunei Darussalam scored 178.8, where travellers from the Sultanate can travel to 140 countries without a visa. The Sultanate scored an ‘A’ passport grade, which is an excellent travel document that provides access to the world’s most […]

Read More
th05
Read More

Thailand: Covid-19 situation pressuring baht

The baht opened at 31.84 to the US dollar on Thursday, strengthening from Wednesday’s closing rate of 31.86. The Thai currency is likely to move between 31.80 and 31.95 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon reiterated that the baht was being affected by the Covid-19 situation in Thailand, which has […]

Read More