MANILA, Philippines — Asian economies should keep their debts in check as they may find it difficult to overcome financial threats during the pandemic, a former senior manager at the World Bank Treasury said. In a study titled “Debt management capacity: a tale of three Asias,” former World Bank executive Phillip Anderson said Asian countries […]
Read MoreA lower domestic tax rate for petrol products, especially the environmental protection tax, should be considered to prevent the prices in the domestic market from rising. Prime Minister Pham Minh Chinh urged Government agencies to study the possibility of lowering environmental protection tax for petroleum products. Under the directive, the Ministry of Finance (MoF) and […]
Read MoreThe battle against inflation which began from the US and the UK has now crossed to Asia and as far as Singapore which reported the highest increase in prices in nine years. Singapore’s core inflation in January advanced to 2.4% year-on-year, the highest level in more than nine years, data released by the government showed. […]
Read MoreSihanoukville Autonomous Port (PAS) recorded a net profit of $5.9 million for the fourth quarter in 2021 due to an increase in container throughput and foreign exchange gains. PAS has also posted a 4.21 percent increase in revenue at more than $21 million in the fourth quarter, as against revenue of $864,729 for the same […]
Read MoreMANILA, Philippines — The Bureau of Internal Revenue (BIR) looks to strengthen its campaign against tax evaders and collection of new taxes to meet its goal of raising more than P2.4 trillion for the government this year. In a report, the BIR said preliminary figures show the agency reached its target of collecting P2.08 trillion […]
Read MoreThe Thai New Year festival of Songkran is recognised as the most important annual event in the country, similar to Golden Week in China and Japan when a torrent of people are expected to hit the road for a long holiday. Prior to the pandemic, the festival was a golden opportunity for everyone in the supply […]
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Thailand
