HÀ NỘI — The Ministry of Finance (MoF) has proposed rescheduling excise tax payments for local automobile manufactures and assemblers. The draft decree recommends that payments over VNĐ4.4 trillion (US$191 million) for October and November be delayed until late December. Under the draft decree the payment deadline of the October excise tax, or special consumption tax, […]
Read MoreSOUTH-EAST Asia is expected to see stronger growth in 2022, propelled by reopening and still-supportive monetary policy, Barclays economists said in the Barclays Asia Economic Outlook for 2022 webinar on Nov 23. While the larger continental economies such as India and China will see slower growth in the year ahead, South-east Asia’s growth will improve […]
Read MoreSINGAPORE – Singapore’s economic growth will slow to between 3 per cent and 5 per cent next year amid an uneven recovery at home and lingering uncertainty over global growth, the Ministry of Trade and Industry (MTI) said on Wednesday (Nov 24). MTI said gross domestic product (GDP) growth this year will come at around […]
Read MoreEconomist at UOB Group Enrico Tanuwidjaja and Yari Mayaseti review the latest monetary policy meeting by the Bank Indonesia (BI). Key Takeaways “Bank Indonesia (BI) left its benchmark rate unchanged at record low of 3.50% at its 17 November -18 November 2021 monetary policy meeting (MPC) as the economy continued to recover from the country’s […]
Read MoreMANILA, Philippines — Wholesale prices of building materials in Metro Manila continued its uptick amid more business activities as the alert level system in the capital was downgraded, the Philippine Statistics Authority (PSA) said. The latest Construction Materials Wholesale Price Index (CMWPI), which is used as a reference in the costing of government projects, slightly […]
Read MoreCambodia’s economic growth has been revised to reach around 3 percent this year, thanks to the growth of the agricultural and industry sector. Speaking at the inauguration ceremony of Stung Trang-Krouch Chhmar bridge yesterday, Prime Minister Hun Sen said that the country’s economic activities have recovered after the country has been fully reopened. “I think […]
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Thailand
