ANN/THE JAKARTA POST – The hike in the prices of subsidised fuels early last month has done little to hamper car sales, experts and industrialists said, as eased COVID-19 restrictions have paved the way for growth. According to a report from the Association of Indonesian Automotive Manufacturers (Gaikindo), domestic car sales were up 19 per […]
Read MoreVietnam will have to solve a difficult problem: How to raise the minimum tax rate to 15% but still keep the FDI inflows into Vietnam. Having invested more than 18 billion USD in Vietnam, Mr. Kim Yong Seok, Director of External Relations of Samsung, said: “Although Vietnam is a developing country with a lot of […]
Read MoreRising prices of goods and services are expected to stabilise as inflationary pressure has been easing since the peak of headline inflation in the third quarter, according to executives of the Bank of Thailand. The higher rate of inflation has mainly come from supply shocks which will ease in line with the slowdown in global commodities […]
Read MoreMANILA: The Philippines will continue to use interest rates to mitigate against inflation and may step in to defend a depreciating peso, President Ferdinand Marcos Jr said on Tuesday. “We may have to defend the peso in the coming months, but the overall forecast is that we are still doing better than other countries in […]
Read MoreInflation risk is still present with high prices from all input factors, so the simultaneous use of both expansionary fiscal policy and expansionary monetary policy will create pressure on prices. When assessing Vietnam’s inflation in 2022, Dr. Vu Sy Cuong from the Academy of Finance said that tax reduction support packages, especially VAT, excise tax […]
Read MoreAmazon Web Services (AWS),the cloud computing division of Amazon.com Inc, said on Monday it plans to invest $5 billion (190 billion baht) in Thailand over the next 15 years to strengthen its infrastructure in the country. The investment would include construction of data centers and purchase of goods and services from regional businesses, AWS said in […]
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