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Malaysia: Short-term rates likely to remain stable

KUALA LUMPUR: Short-term rates are likely to remain stable this week on Bank Negara’s operations to absorb surplus liquidity from the cash market. During the week just ended, the central bank intervened on a daily basis to reduce excess funds from the financial system by conducting conventional money market tenders, reverse repo tenders, Qard tenders, […]

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Cambodia: 1M Vietnam-arrival target within reach: analysts

The tourism ministry’s goal of attracting 700,000 annual Vietnamese arrivals by 2023 and one million by 2024 may seem relatively easy to achieve to some, but it could require a new series of well-informed strategies as well as the effective implementation and promotion thereof, industry insiders say. Ministry figures show that annual Vietnamese arrivals to […]

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Philippines: Rice stocks up 3.5% in August

MANILA, Philippines — The country’s rice inventory inched up by 3.5 percent in August, the Philippine Statistics Authority (PSA) said. In its latest rice and corn stocks inventory report, the PSA said total rice stocks inventory stood at 1.633 million metric tons (MT) as of August 1, higher than the 1.578 million MT registered in […]

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Thailand: Revenue chief calls for tax measure rejig

Some long-standing tax deduction and tax benefit measures should be reviewed, says Revenue Department director-general Lavaron Sangsnit. He did not specify which measures, but hinted some that are older or deemed too generous need a rethink. Mr Lavaron said the department’s revenue collection in fiscal 2022 is expected to exceed the target by 260 billion […]

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