The central bank will not raise interest rates from a record low for more than a year in a bid to support an economy still struggling to recover from the pandemic despite a jump in inflation, a Reuters poll found. While inflation in the tourism-dependent economy hit a 13-year high in February, driven mainly by […]
Read MoreThe Ministry of Economy and Finance (MEF), which launched its new strategy for the Garment, Footwear and Travel Goods (GFT) sector, pinpointed two areas of interest it sees as structural issues that need to strengthen the industry. An upgrade in the quality of production into higher-end goods and the adoption of more environmentally sustainable production […]
Read MoreAS the first quarter of 2022 comes to an end, Malaysia is about to see the opening of its borders come April 1, as we begin transitioning into the endemic phase. With most of the standard operating procedures (SOPs) greatly loosened, most businesses, except nightclubs and pubs, have resumed normal business operations. Things are looking […]
Read MoreJAKARTA (CNA) – Indonesia may delay rolling out its carbon tax on coal power plant emissions, officials said on Friday, as authorities have yet to finalise details a week before its April 1 start date. Under a sweeping law passed in October, Indonesia introduced a new levy for coal power plant operators of IDR30,000 (USD2.09) […]
Read MoreMobile money (MM) has not gained much popularity in the country among mobile phone users due to several shortcomings. Nguyen Son Hai, Deputy General Director of VNPT Media Corp., underlined MM’s monthly transaction limits of 10 million VND (437 USD) as a major downside discouraging clients. He said the limits were relatively low, not giving […]
Read MoreMANILA, Philippines — Property prices nationwide rose for the second straight quarter in the fourth quarter of 2021 as the cost of owning a townhouse or a condominium jumped by double digits. According to the Residential Real Estate Price Index (RREPI), property rates across the country grew by 4.9 percent from October to December 2021, […]
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Thailand
