Manufacturers of sugary drinks have been given more time to adjust their recipes after the government pushed back the latest hike in the excise levy for another six months. Finance Minister Arkhom Termpittayapaisith said the cabinet on Tuesday agreed to postpone the planned increase in the excise tax on sugar-based sweeteners to March 31, 2023, from […]
Read MoreEconomic resilience is essential for Vietnam to promote growth and keep inflation under control. Vietnam aims to ensure macroeconomic stability and stands ready to address inflation risks for high economic growth, according to a prime ministerial directive issued recently. Under Directive No.15, giving measures to promote economic development in a volatile world in the remainder of […]
Read MoreMANILA, Philippines — Higher demand for dollar-denominated investments is expected as the greenback scales historic highs and the US Federal Reserve sustains its tight monetary policy. “Dollar-denominated assets should be favorable when the dollar exchange rate is strengthening, especially if it is on account of increasing interest rates, as the case is today,” Antonio Agcaoili, […]
Read MoreWhile forecasting a five percent growth for Cambodia’s economy this year, the visiting International Monetary Fund (IMF) mission yesterday said the rising private debt remains a big concern in the Kingdom and urged the National Bank of Cambodia (NBC) to strengthen its vigil. Addressing the media at a virtual press conference following the two-week-long annual […]
Read MoreKUALA LUMPUR: Malaysia remains a destination for real estate investment for Chinese investors as the slowdown in the republic’s property market is leading to an increase in Chinese investment in overseas properties, especially in South-East Asia. Juwai IQI said in a report that many Chinese buyers believe Malaysia’s property market will recover from its current […]
Read MorePETALING JAYA: Malaysia’s trade remained sturdy in August with double-digit growth recorded for exports and imports. In a statement, the Ministry of International Trade and Industry (Miti) said trade surged by 56.7% to RM265.74bil compared with August 2021 – the 19th consecutive month of double-digit growth. Exports jumped by 48.2% to RM141.33bil, the 13th successive […]
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Thailand
