The cabinet on Tuesday agreed to a fifth extension of the excise tax cut on standard diesel, until Jan 20. Finance Minister Arkhom Termpittayapaisith said the weekly cabinet meeting approved continuing the excise tax cut of five baht per litre for two months from Nov 21. The tax reduction will mean another 20 billion baht […]
Read MoreMANILA, Philippines — Money sent home by Filipinos overseas inched up in September as they rushed to support their families weathering the impact of expensive consumer prices. Remittances coursed through banks inched up 3.8% year-on-year to $2.84 billion in September, the Bangko Sentral ng Pilipinas reported Tuesday. This, however, was slower than 4.3% recorded in […]
Read MoreBENGALURU (Reuters) – Bank Indonesia will deliver a third consecutive 50 basis point interest rate rise on Thursday, according to a strong majority of economists polled by Reuters, although some expected a smaller quarter-point move given the relatively strong currency. Despite easing slightly in October to 5.71%, inflation has stayed above the central bank’s target […]
Read MorePETALING JAYA: Economists expect the gross domestic product (GDP) growth momentum to ease from the fourth quarter of this year (4Q22) after posting a robust growth of 14.2% in the 3Q22. Having said that, they pointed out that the economic strength going forward would be buoyed by domestic demand. The GDP has beaten Bloomberg’s median […]
Read MoreThe Ministry of Transport this month submitted a report requesting approval to implement the master plan for Vietnam’s seaport system for the 2021-2030 period. In the report, the ministry (MoT) announced three lists of investment projects to develop seaport infrastructure, comprising 18 public investment projects in the maritime sector worth over $1 billion; a list […]
Read MoreXinhua – The 17th Group of 20 (G20) Summit, scheduled to take place here from Tuesday to Wednesday, is expected to build global consensus and bolster confidence in world economic recovery. Experts and business leaders worldwide pin their hope on major economies to strengthen coordination on macroeconomic policies and promote multilateralism, openness, inclusiveness and win-win cooperation. […]
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Thailand
