Revenues collected by the General Department of Customs and Excise (GDCE) and the General Department of Taxation (GDT) have started taking new twists and turns after the government has entered into multilateral and bilateral free trade and partnership agreements to provide economic benefits to the country, Prime Minister Hun Sen said. Mr Hun Sen said […]
Read MoreVietnam’s gross domestic product (GDP) in ASEAN is expected to expand considerably over the next five years, with its rankings rising from sixth this year to third by 2027, according to the latest forecast made by the IMF. Specifically, Indonesia’s GDP leads the way in the ASEAN region, reaching approximately US$1.29 billion, followed by Thailand […]
Read MoreTHE country should concentrate on improving the digital payment platforms InstaPay and PESONet before establishing a central bank digital currency (CBDC), a government official said on Monday. During a Senate budget hearing on Monday, Finance Secretary Benjamin Diokno, a former central bank governor, underscored that establishing a CBDC is not yet the right time. “Iyon […]
Read MoreThe Bank of Thailand plans to ask both banks and non-banks to cease encouraging unnecessary borrowing of unsecured loans early next year as it wants to see the ratio of household debt to be at a level not exceeding 80% of GDP. The central bank does not want to see the household debt-to-GDP ratio exceed 80% […]
Read MoreKUALA LUMPUR, Oct 4 ― The export volume index increased 7.7 per cent in August 2022 compared with July, contributed by the rise in miscellaneous manufactured articles (11.9 per cent), machinery and transport equipment (7.9 per cent), as well as mineral fuels (7.8 per cent). According to the external trade statistics for September 2022 released […]
Read MoreHealth and beauty businesses are recovering rapidly driven by the country’s growing senior population and growing concerns regarding the Covid-19 pandemic. Deputy Commerce Minister Sinit Lertkrai said the growing elderly population has a positive effect on health and beauty services as elderly people tend to take greater care of themselves while the pandemic had resulted in […]
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Thailand
