Industries sentiment declined for a fifth straight month in August to 16-month low, hurt by tougher restrictions to contain the country’s biggest coronavirus outbreak and infections at factories, the Federation of Thai Industries (FTI) said on Wednesday. The measures were imposed in July in 13 provinces including Bangkok before being extended into August and expanded […]
Read MoreSingapore is the happiest country in Southeast Asia, according to the World Happiness Report 2021, compiled by the Gallup World Poll team. For the 2021 report, focus was placed on the effects of Covid-19 on happiness levels, and how governments have fared in handling the pandemic. Multiple considerations, including level of GDP and life expectancy, and […]
Read MoreKUALA LUMPUR, Sept 8 — The ringgit rebounded to close higher against the US dollar today, lifted by mild buying support for the local note, said an economist. At 6pm, the local note stood at 4.1495/1530 against the greenback from 4.1545/1560 recorded at yesterday’s closing. Speaking to Bernama, Bank Islam chief economist Dr Mohd Afzanizam […]
Read MoreMANILA, Philippines — The proportion of unemployed Filipinos went up in June, a new poll released Wednesday showed, painting a bleak economic picture amid prolonged pandemic lockdowns. A June 23-36 Social Weather Stations (SWS) survey of 1,200 adults found that 27.6% of the country’s adult labor force are unemployed, higher by 1.8 percentage points compared to […]
Read MoreCambodian firms will closely monitor how neighbouring countries fare as the global community moves “aggressively” to implement the domestic tax base erosion and profit-shifting (BEPS) policy. A total of 130 countries have signed up for the tax policy which will impose a 15 percent tax on multinational firms that provide goods or services in countries […]
Read MoreThe move is set to be applicable to all debts incurred before August 1, 2021, instead of the previous timeline of June 10, 2020. The State Bank of Vietnam (SBV), the country’s central bank, has agreed for banks to extend the debt schedule for another six months until June 30, 2022. The move came following […]
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Thailand
