SINGAPORE POST (SingPost) announced it would be raising postage, package and doorstep parcel delivery rates starting Jan 1, 2023. This is in line with the goods and services tax (GST) hikes announced by the government in February this year, as well as “exceptional inflationary cost increases across manpower, fuel and electricity”, said the group in […]
Read MoreOur exports and imports slightly slowed down in November 2022. But we must look at the entirety of how the trade balance accumulated a surplus of up to US$50.59 billion. Jakarta (ANTARA) – Indonesia’s trade balance recorded a surplus for the 31st month in a row, reaching US$5.16 billion in November 2022, according to the Finance […]
Read MoreThe Asian Development Bank (ADB) is maintaining its economic growth forecast for Laos, while the outlook for consumer prices has worsened, according to the Asian Development Outlook (ADO) 2022 Supplement released on Thursday. Inflation continues to accelerate in economies throughout Asia and the Pacific on high energy and food prices, mainly due to the Russia-Ukraine […]
Read MoreThe new interest rate will be applied for loans used for purchasing, and leasing social housing projects and commercial ones having an area of under 70 square metres and VND15 million (US$634) per square metre. The interest rate for social housing loans will be lifted to 5 per cent per annum from the current 4.8 […]
Read MoreMANILA, Philippines — As widely expected, the Bangko Sentral ng Pilipinas (BSP) delivered a softer 50-basis-point hike at the last rate-setting meeting of the Monetary Board for the year, as inflation is seen accelerating further and peaking this month. This brings the benchmark interest rate to a 14-year high of 5.50 percent, the highest since […]
Read MoreThe Energy Regulatory Commission (ERC) has decided to maintain the power tariff at 4.72 baht per kilowatt-hour (unit), keeping electricity bills for households unchanged for the first four months next year, but it plans to increase the tariff imposed on businesses. Although the decision will help people deal with high living costs, Isares Rattanadilok Na Phuket, […]
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Thailand
