MANILA, Philippines — The Philippines and other Asia-Pacific economies reliant on remittances must implement policy reforms and boost digitalization efforts to ensure that money sent from abroad will remain strong and resilient despite the pandemic, according to the Asian Development Bank (ADB). In its latest blog, the ADB said remittances sustained their strong pace in […]
Read MoreThe baht opened at 35.33 to the US dollar on Thursday, strengthening from Wednesday’s close of 35.50. The currency is expected to move in a range between 35.25 and 35.50 on Thursday, predicted Krungthai Bank market strategist Poon Panichpibool. Poon said the baht advanced last night as the dollar declined, but the Thai currency is […]
Read MoreTHAILAND’S unemployment rate in the first quarter fell to 1.53 per cent from 1.64 per cent in the previous quarter, the state planning agency said on Monday, following an easing of coronavirus restrictions, and reopening to foreign tourists. The jobless rate was the lowest since the pandemic and there were 610,000 workers without jobs in […]
Read MoreSINGAPORE’S core consumer prices have continued to climb on increases in the cost of food and other goods, as well as electricity and gas, according to figures out on Monday (May 23). Core inflation – which excludes accommodation and private transport costs – jumped to 3.3 per cent in April, up from 2.9 per cent […]
Read MoreThis has been the third extension of excise tax compliance due date for local cars since 2020, with an expected amount subject to a tax break of VND20 trillion ($US$863 million). The Government has further extended the excise tax payment deadline for domestically-produced cars until November 20. The move was part of the Government’s decree […]
Read MoreBilateral trade between Cambodia and Malaysia was worth $205.2 million in the first four months of 2022, surging by over one-third from nearly $152.9 million from the corresponding period last year, according to Customs. In January-April, Cambodian exports to Malaysia amounted to $35.2 million, down by 1.9 per cent year-on-year, while imports were $170 million, […]
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