The development, driven by the revival of the tourism sector, suggests that the country is beginning to recover from the pandemic in earnest. The Bank of Thailand reported that in September there was a $623 million surplus in the current account, which measures the balance of tradable goods, services, and income into and out of the […]
Read MoreThe minimum wage in 2023 will be relatively higher than the minimum wage in 2022, with data on economic growth and inflation Jakarta (ANTARA) – Manpower Minister Ida Fauziyah affirmed that by taking into account the data on economic growth and inflation, the minimum wage for 2023 will be relatively higher than that in 2022. […]
Read MoreThe majority of PayPal users in Thailand will no longer be able to use the service next month unless they jump through a series of byzantine and bureaucratic steps that are only available to citizens. A year after it first warned of the change and several subsequent delays, PayPal notified customers this morning that they will not be […]
Read MoreTOURISTS and foreigners residing in Singapore accounted for about half of net Goods and Services Tax (GST) revenue in 2018 and 2019, said Chee Hong Tat, Senior Minister of State for Finance in Parliament on Tuesday (Nov 8). Meanwhile, the top 20 per cent of resident households accounted for close to 20 per cent. Chee […]
Read MoreMANILA, Philippines — Local factories crumbled under the weight of inflation in September as production slowed down amid rising input prices. Results of the Philippine Statistics Authority’s monthly survey of selected industries revealed the volume of production index (VoPI), a measure of manufacturing output, rose 2.4% year-on-year in September, lower compared to the 4.4% expansion recorded […]
Read MoreThai inflation in November and December is expected to decelerate further, following a decrease in the prices of several essential consumer goods and stable prices of some items despite higher costs. The deceleration was helped by government measures to tackle the cost of living and an easing in the flooding situation that has led to […]
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Thailand
