MANILA, Philippines — The government’s budget shortfall narrowed in March as revenue collections improved amid looser mobility curbs. What’s new Data released by the Bureau of Treasury on Wednesday revealed that the budget deficit shrank 1.97% year-on-year to P187.7 billion in March. In the first quarter, the deficit amounted to P316.8 billion, 1.44% smaller compared […]
Read MoreThe baht opened at 34.38 to the US dollar on Thursday, after surging to close at 34.31 on Wednesday. The currency is expected to move between 34.30 and 34.45 on Tuesday, Krungthai Bank market strategist Poon Panichpibool predicted. He said the risk-averse market coupled with the Covid-19 situation in China could add more downward pressure […]
Read MoreThe shortage of cold storage for transporting fresh agricultural products and strict measures in importing countries during Covid-19 have caused disruptions in the export of Cambodia’s agricultural products, said the Ministry of Agriculture, Forestry, and Fisheries. In a statement issued yesterday, the ministry said that the factors that affected the export of fresh agricultural products […]
Read MoreAccording to statistics of the Vietnam Banks Association (VNBA), non-cash payment activities via the Internet grew by 48.8% in volume and 32.6% in transaction value in 2021 compared to 2020. At the same time, payment via mobile phone and QR Code channels increased by 76.2% and 87.5%, respectively. In contrast, the proportion of cash withdrawal […]
Read MoreMANILA, Philippines — The Trade Union Congress of the Philippines (TUCP) filed another petition for minimum wage hikes, this time in Calabarzon and the Bicol region, in a bid to keep wages at par with sharp increase in prices of consumer goods and services. In a statement on Tuesday, the labor group submitted their pay […]
Read MoreMore than 1,000 new factories, mostly in the food industry, have been established over the past six months with investment worth 56.3 billion baht, a sign the domestic economy is slowly recovering, says the Department of Industrial Works. The number of business closures stood at 361 during the first half of fiscal 2022, down 8.38%, […]
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