Due to increasing interest payments and amortization costs, the national government’s debt servicing jumped in November 2021 compared to a year earlier, according to data released by the Bureau of the Treasury (BTr). Debt payments totaled P81.23 billion during the month, up 203.27 percent from P26.78 billion in November 2020. The amount of interest paid expanded by […]
Read MoreGrowing concern over food and energy prices has both the state and private sectors uneasy about an economic nightmare rapidly approaching. Government measures to control living costs, including seeking cooperation from businesses to cap their goods and service prices, are expected against a backdrop of unsettled problems ranging from a sluggish economy and climbing public […]
Read MoreThe latest price adjustment marked the second consecutive price hiking in 2022. From 15.00 January 21, the retail price of bio-fuel E5 RON92 surged VND436 to around VND23,595 (US$1.04) per liter, and that of RON95 went up by VND484 to VND24,360 ($1.07) per liter. The latest price adjustment marked the second consecutive price hiking in 2022. […]
Read MoreForeign tourists are likely to have more insurance options to cover hospitel and hotel isolation expenses in Thailand as the government is trying to solve the problem of Covid-infected tourists refusing to pay for medication or running away from hotels. Yuthasak Supasorn, Tourism Authority of Thailand governor, said the government is discussing with the Office […]
Read MoreInternational and local employers in various sectors are expecting their hiring intentions to rise in the first half of 2022 as the economy is gradually recovering. The Vietnam Employment Outlook Survey for the first half of 2022 was conducted by ManpowerGroup Vietnam on 153 employers in 21 industries nationwide from November 30 to December 31. […]
Read MoreThe Joint Foreign Chambers of the Philippines (JFC) called on the Senate to ratify Philippine membership to the Regional Comprehensive Economic Partnership (RCEP) agreement before the forthcoming election campaign recess. The JFC is a coalition of the American, Australian-New Zealand, Canadian, European, Japanese and South Korean chambers and the Philippine Association of Multinational Companies Regional Headquarters Inc. “As business associations […]
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Thailand
