The government will continue to cap the diesel price at 32 baht a litre thanks to the increased diesel excise tax cut of five baht a litre, says the board of the Oil Fuel Fund. Authorities will spend around two baht of the five-baht reduction supporting the subsidy programme, allowing them to maintain the retail […]
Read MoreMANILA, Philippines — Economists are now looking at a stronger economic growth for the Philippines after a faster-than-anticipated gross domestic product (GDP) growth in the first quarter. Standard Chartered Bank economist for Asia Jonathan Koh said the bank has upgraded the GDP growth forecast for the Philippines to eight percent from the original target of […]
Read MoreCambodia exported more than $300 million worth of bicycles to international markets in the first four months of 2022, an increase of 54 per cent year-on-year, according to latest figures from the Ministry of Commerce. Data shows that from January to April 2022, Cambodia’s bicycle exports amounted to $306.47 million. The US was the biggest […]
Read MoreThailand’s industries sentiment index dropped to a five-month low in April, hit by higher production costs as Russia’s invasion of Ukraine pushed up the price of energy and raw materials, an industries group said on Wednesday. The Federation of Thai Industries (FTI) said its industries sentiment index fell to 86.2 last month after a rise […]
Read MoreInstitutions have become a major impediment to the nation’s aspiration to reach high income by 2045. Vietnam needs to shift its economic growth model and improve the government’s capacity to implement economic policy reforms and public investments, realizing its aspiration of reaching high-income status by 2045, a World Bank Group report says. The World Bank Group’s Systematic […]
Read MoreMANILA, Philippines — GMA Network Inc. is looking at sustained profitability this year, with the broadcast giant not expecting to encounter any bumps in the road with the new administration under the leadership of presumptive president Ferdinand “Bongbong” Marcos Jr. GMA chairman and CEO Felipe Gozon said the company is projecting a net income after […]
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