The Energy Ministry said on Friday that oil firms in Thailand have been instructed to boost their reserve capacity to 70 days from 60 days to ensure there is enough fuel for domestic use amid the global crisis sparked by the Russia-Ukraine war. Maintaining stability in fuel supply is very important in the current situation. […]
Read MoreThe Lao government is hoping for a trade surplus of at least USD 1.55 billion in 2022, despite the economic challenges caused by the Covid-19 pandemic. According to a recent report from the Prime Minister’s Office, exports are expected to reach 7.6 billion US dollars, while imports will total 6.05 billion US dollars, Vientiane Times reports. […]
Read MoreSINGAPORE: Foreign visitors on short-term visit passes will no longer have their passports stamped when they enter Singapore, the Immigration & Checkpoints Authority (ICA) said on Friday (Mar 11). They will be issued with electronic visit passes (e-Passes) in lieu of inked endorsements. The move is “part of ICA’s efforts to provide a more secure, safer and more […]
Read MoreMany parts of Myanmar are suffering worsening power cuts that are affecting water supplies and halting online classes, compounding the misery for residents following the economic turmoil since the military seized power last year. Photographs on social media showed people queuing for water from a tanker truck in several Yangon districts. “Every day I’m worried […]
Read MoreJAKARTA: Indonesian President Joko Widodo on Friday (Mar 11) warned the fallout from the war in Ukraine could disturb domestic price stability, and questioned how long the government could keep local fuel prices steady amid high global oil prices. The inflation rate in Southeast Asia’s largest economy has so far stayed benign, with February’s headline […]
Read MoreSINGAPORE’S prevailing income tax rules will apply to transactions of non-fungible tokens, or NFTs, said Finance Minister Lawrence Wong in Parliament on Friday (Mar 11). In a parliamentary reply to Yio Chu Kang SMC Member of Parliament Yip Hon Weng, Wong said that the income tax treatment “will be determined based on the nature and […]
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Thailand
