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 […]
Read MoreVietnam 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 […]
Read MoreThe labour ministry has scheduled a series of internal meetings next month to discuss the 2023 minimum wage for the textile, garment, footwear, bags and travel goods sectors. The Ministry of Labour and Vocational Training said in a notice that bilateral and tripartite talks – between the government and representatives of employers and workers – […]
Read MoreKUALA LUMPUR, June 24 — A recent survey which said the majority of Malaysians wants the government to ban alcohol, sugary beverages and nightclubs as well as smoking and vaping has been criticised by trade groups. They said such a move would not only mean a loss of income for the government but in all […]
Read MoreThe 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 […]
Read MoreThe State Bank of Vietnam (SBV) has kept regulatory interest rates unchanged to create favorable conditions for clients to access capital at reasonable costs. However, experts have warned that it will be difficult to curb interest rates. Worry about inflation While regulatory interest rates remain unchanged, commercial banks have increased deposit interest rates. The analysts […]
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Thailand
