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Philippines: Budget balance back in deficit in May

THE government’s budget balance returned to a deficit in May even as revenues continued to outpace expenditures, the Bureau of the Treasury reported on Thursday. The government had recorded a P4.9-billion surplus in April, which the Treasury then attributed to “faster year-on-year” revenue growth and a “marginal” increase in spending. The swing to a P146.8-billion deficit in May was […]

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Vietnam: Seafood exports rise 25 percent

Vietnam exported US$1.7 billion worth of seafood in the first five months, up 25 percent year-on-year, thanks to rising global demand. The highest growth items included tuna (59 percent), shellfish (47 percent) and octopus (28 percent), according to data from the Vietnam Association of Seafood Exporters and Producers. Japan and France were the top markets […]

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Thailand: Full resumption of business, other activities allowed

The government has declared the whole nation a green (Covid-19 surveillance) zone, allowing the full-scale resumption of business and other activities, as pre-arrival registration will end next month. The Royal Gazette on Friday published the announcement to the effects by Prime Minister Prayut Chan-o-cha in his capacity as the director of the Centre for Covid-19 […]

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