MANILA, Philippines — Factory gate prices grew at a slower pace in December even as increments were recorded in the majority of industry groups, the Philippine Statistics Authority (PSA) said. Latest data from the PSA showed that the Producer Price Index (PPI) for December went up by 0.6 percent, a slowdown from the 1.1 percent […]
Read MoreAs the coffee culture begins to gain popularity in Cambodia, international coffee chains have begun to sprout up while the country sees an increased demand for coffee beans. Industry players agree that coffee is now big business in Cambodia with international coffee chains such Starbucks, Gloria Jeans and Erick Kaiser literally dotting every corner of […]
Read MoreBusiness operators have submitted to the Labour Ministry requests for about 90,000 migrant workers under terms of the memorandum of understanding (MoU) signed with Cambodia, Laos and Myanmar last December. Labour Minister Suchart Chomklin said the ministry had received 1,349 applications from employers seeking a total migrant workforce of 90,071. Most requests, 72.2%, are for […]
Read MoreMedical tourism has emerged as a major trend around the world as the COVID-19 pandemic and environmental pollution have caused people to pay more attention to their health. Particularly, experts said the post-COVID-19 era would be a booming period for all types of healthcare services. This new kind of tourism has not been effectively exploited […]
Read MoreTAX specialists should assist in closing the “yawning” deficit in government revenue, Finance Secretary Carlos Dominguez 3rd emphasized on Thursday. During the Tax Management Association of the Philippines’ induction and inaugural general membership meeting for 2022, he said that an interpretation of tax management in which a client pays for “specialists” to settle a reduced tax bill is not […]
Read MoreThe oil price surge has taken a toll on airlines’ profitability, disrupting the opportunity to capitalise on rising domestic demand. Low-cost carriers are reluctant to raise airfares as passengers remain price-sensitive during the pandemic. Tassapon Bijleveld, executive chairman of Asia Aviation, the majority shareholder of Thai AirAsia (TAA), said the average load factor in February […]
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