The Tourism Authority of Thailand (TAT) forecasts domestic tourism to tally 3.14 million trips during the New Year holiday, generating 11.2 billion baht, with the northern region posting the highest occupancy rate at 78%. The countdown celebrations in 12 provinces are poised to stimulate 4.21 billion baht for the local economy, said the agency. Yuthasak Supasorn, […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has issued rules for the participants in an infrastructure that provides real-time settlement of payments, funds transfer instructions, and other obligations individually on a transaction-by-transaction basis to ensure the smooth flow of funds in the financial system. BSP Governor Felipe Medalla said that the Peso Real […]
Read MoreThe Vietnam Automobile Manufacturers’ Association (VAMA) reported that in January-November 2022, its members sold 369,334 products, 43 percent up year-on-year. This included 208,822 domestically assembled cars, up by 41 percent, and 160,512 imported units, up 46 percent. If counting sales of TC Motor (72,037 cars) and VinFast (20,000), and sales of other brands, such as […]
Read MoreDemand for high-priced low-rise houses continued to grow for two consecutive quarters, with market value in the third quarter soaring by 58% from the second, while developers launched new supply in this segment. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said low-rise houses priced 20 million baht and higher posted significant growth […]
Read MoreSINGAPORE’s dollar and equities fell on Wednesday, after the country projected a slowdown in economic growth next year even as its inflation came below forecast, while investors awaited minutes of the U.S. Federal Reserve’s last policy meeting. The Singaporean dollar lost 0.4% after the city-state forecast growth would slow to between 0.5% and 2.5% in […]
Read MoreThe amount of tax paid by cross-border platforms such as Google, Meta and Netflix in January-October 2022 was VND1.8 trillion, according to Dang Ngoc Minh, Deputy General Director of the General Department of Taxation (GDT). GDT said as of October 31, 38 foreign service providers had registered and declared tax on the information portal for […]
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