If Thailand lowers the diesel excise tax by 5 baht per litre to peg the retail diesel price at 25 baht per litre, this will cost the state coffers up to 150 billion baht, said a Finance Ministry source, who requested anonymity. Earlier, the Land Transport Federation of Thailand (LTFT) proposed to the ministry to […]
Read MoreMANILA, Philippines — The Securities and Exchange Commission drew the line on online lending platforms as it suspended new registrations in a bid to stop predatory behavior from these financing outfits. In a statement on Friday, the regulator issued the moratorium as it observed fintech companies took advantage of financially-needy Filipinos amid the pandemic which sent […]
Read MoreMANILA, Philippines — Unemployment further worsened in September despite the easing of mobility curbs, indicating the long-term scarring impact of repeated lockdowns on the labor market. The labor situation in the Philippines failed to see improvements in September despite looser restrictions and a more relaxed alert level system implemented in the country. The latest report […]
Read MoreOversupply of rice, the stronger baht, and a shortage of shipping containers are to blame for the falling price of Thai rice which has prompted farmers to demand the government step in to fix the problem urgently. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said the falling price of Thai rice was […]
Read MoreVietnam’s consistent investment policies would ensure long-term stability for investors in the future, Prime Minister Pham Minh Chinh has said. Vietnam, while having to adopt strict measures to prevent coronavirus infections, has been on track for reopening in a safe and flexible manner. Prime Minister Pham Minh Chinh stressed the view in a dialogue with […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said there are no clear signs of emerging second round effects as inflation remained above the government’s two to four percent target due to higher oil and food prices. In his weekly online press conference, BSP Governor Benjamin Diokno said inflation pressures over the past year […]
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Thailand
