PETALING JAYA: Amid skyrocketing Covid-19 cases in Malaysia, various industry groups have spoken on the impact on businesses should stricter standard operating procedure (SOP) be implemented, with employment being a key concern. Business chambers and manufacturers have been making known their worries that another round of strict movement restrictions would hurt businesses and reverse the […]
Read MoreTHE Philippines received the highest score among its peers in the Association of Southeast Asian Nations (Asean) in an independent global study that rated cigarette tax policy performance over a six-year period from 2012 to 2018. A 2020 Tobacconomics Cigarette Tax Scorecard study involving cigarette taxation in more than 170 countries, said the Philippines was […]
Read MoreThe global pandemic has revealed weaknesses hidden within Thailand’s tourism strategy for decades. Deserted walking streets and shuttered hotels can be found everywhere today with no sign of recovery in sight, as 80%-90% of tourism-related businesses have closed because of the lack of foreign visitors. This market contributed up to two-thirds of the industry’s total […]
Read MoreState expenditures on infrastructure and capital outlays increased in March due to public works projects around the country, the Department of Budget and Management (DBM) said on Thursday. The DBM’s latest disbursement report showed expenditures up 41.1 percent to P87.8 billion in the third month of 2021 versus P62.2 billion a year ago. It was […]
Read MoreMoody’s Investors Service says Cambodia has responded effectively to the COVID-19 pandemic and expects more policy support in the wake of the Feb. 20 incident. “The government’s proactive management of the coronavirus has been largely effective, at least over the course of 2020,” the U.S. rating agency said in an annual credit analysis released Wednesday. […]
Read MoreThe baht opened at 31.37 to the US dollar on Friday, strengthening slightly from Thursday’s closing rate of 31.45. The Thai currency is likely to move between 31.35 and 31.45 during the day, Krungthai Bank market strategist Poon Panichpibool said. He predicted that the baht would weaken in the short term due to the market […]
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Thailand
