AT the Paris Agreement in 2015, Malaysia pledged to reduce its greenhouse gas (GHG) emission intensity of gross domestic product (GDP) by 45% in 2030. The government then once again reiterated its stance in advancing green aspirations by setting an ambition to become a carbon-neutral nation by 2050 as laid out in the 12th Malaysia […]
Read MoreIndustry leaders have called on the government and related authorities to do more to prevent the depreciation of the baht and mitigate the impact of the Bank of Thailand’s latest policy rate hike. Yet market analysts point out there are several good reasons for the central bank to proceed cautiously in its embrace of interest […]
Read MoreAccording to the General Statistics Office’s Report, the labor and employment situation in the third quarter of 2022 continued to recover. The report on the socio-economic situation in the third quarter and the first nine months of 2022 pointed out that the labor force and the average monthly income of employees increased compared to the […]
Read MoreMANILA, Philippines — The sharp depreciation of the peso against the dollar alongside higher charges at the Wholesale Electricity Spot Market (WESM) could raise Manila Electric Co. (Meralco)’s generation charge for October. “We still haven’t received suppliers’ bills. However, we expect the steep depreciation of the peso to put upward pressure on generation costs, as […]
Read MoreMore than 6 million internationals visited Thailand this year with a 90% surge last month alone when compared to average figures, according to officials. From Jan 1 to Sept 1, the country welcomed 6.01 million visitors, a figure slightly higher than the Tourism Authority of Thailand’s goal of 6 million, TAT governor Yuthasak Supasorn said on […]
Read MoreThe Bank of Thailand said on Saturday that it has been in the foreign-exchange market to reduce volatility in the baht, which is hovering at 16-year lows against the dollar. The baht has fallen by 11.7% against the US dollar this year, which the central bank says had been driven by dollar strength. However, the […]
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Thailand
