MANILA, Philippines — As meat processors push to retain the low tariff rate on imported mechanically deboned meat (MDM) of chicken and turkey, local producers said this should only be temporary and should revert back to 40 percent. Last year, Executive Order (EO) 123 was issued by then president Rodrigo Duterte, which extended the reduced […]
Read MoreAccording to former deputy director of the Banking Strategy Institute Pham Xuan Hoe, while demand for capital is very high, the credit growth limit has been controlled too strictly, which has put a brake on the economic recovery process. You are one of the experts asking to remove the credit limit mechanism. What are your […]
Read MoreRECAP: Global markets remained fixated this week on inflation, interest rates and energy prices. There was added drama in Britain, where the passing of Queen Elizabeth II came just two days after Prime Minister Liz Truss took office and announced a bold plan to cap soaring energy prices for two years. In Thailand, the stock market […]
Read MoreANY potential rate hikes would likely benefit Thai banks, especially the larger ones, said CGS-CIMB in a report on Thursday (Sep 8). Larger banks tend to have a bigger proportion of floating loans consisting mainly of corporates, small and medium enterprises (SMEs) and mortgage loans, while mid-to-small banks have a higher proportion of hire-purchase loans […]
Read MoreIn May this year, Brunei Darussalam’s total trade was valued at BND2,846.3 million, an increase by 48.7 per cent from BND1,913.9 million during the same month in 2021. Meanwhile, for month-to-month changes, total trade for May decreased by 5.7 per cent compared to April. Total exports increased by 51.9 per cent from BND1,749.4 million in […]
Read MoreThe year-on-year inflation rate continues to rise significantly, with 30.01 percent recorded in August this year, according to the latest report from the Lao Statistics Bureau. This is the highest figure recorded in more than two decades, inflicting more hardship on people struggling to earn a living. The consumer price index rose from 23.6 percent […]
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Thailand
