MANILA, Philippines — The government hiked its debt payments in the first semester by more than 41 percent to P774 billion due to double-digit increases in interest payments and amortization. According to the Bureau of the Treasury, debt servicing in the first half went up by 41.37 percent to P773.78 billion from P547.34 billion during […]
Read MoreAlthough Vietnam has dealt with previous COVID-19 outbreak with spectacular success, it stands to lose some of its hard-earned gains if it cannot overcome the latest outbreak that has paralysed industries in the past couple of months. In a talk with VIR, Van Thong, director of Nam Anh Trading JSC, one of the leading firms manufacturing […]
Read MoreThe baht opened at 33.33 to the US dollar on Monday, strengthening from last week’s closing rate of 33.37. The Thai currency was likely to move between 33.30 and 33.45 during the day and between 33.10 and 33.60 this week, Krungthai Bank market strategist Poon Panichpibool said. The baht’s trend would depend on the dollar’s […]
Read MoreJAKARTA, INDONESIA – Media OutReach – 13 August 2021 – Global recruitment specialists Michael Page Indonesia witnessed the number of jobs rise in Q2 2021 compared to Q1 led by an increase in Industrial & Manufacturing at 62%. This was followed by an increase in job positions within Legal (up 56%) and Human Resources (up 24%). According to job opportunity […]
Read MoreKUALA LUMPUR (BLOOMBERG) – Malaysian policymakers should consider reintroducing the goods and services tax (GST) at an appropriate time, Economy Minister Mustapa Mohamed said on Thursday (Aug 12). “While the government will always put the people first, when this crisis settles down and things normalise, we must begin to gradually set our economy back on […]
Read MoreThe weakening baht against the US dollar has propped up the export sector, which could register higher growth this year if Thailand can overcome challenges ranging from the ongoing pandemic to shortages of containers and labour. Baht trading on Wednesday opened at 33.45 baht against the dollar, moving in a range of 33.34-33.47 during day […]
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