The reduction in the excise tax on diesel took effect on Friday, resulting in the pump price falling by two baht per litre. Government House announced that the Royal Gazette on Thursday published the new rate of excise tax on diesel, which would run until May 20. The rate is temporarily reduced by three baht […]
Read MoreMANILA, Philippines — Sen. Grace Poe on Friday has asked for the help of the Central Bank to urge banks to lower digital charges and e-wallet fees, citing that many Filipinos using these services have yet to find jobs amid the pandemic. “I am calling on the Bangko Sentral ng Pilipinas (BSP) to urge banks […]
Read MoreMore M&A transactions are imminent in the property market and real estate prices are likely to escalate this year, industry insiders said. In contradiction to the downturn expectations, mergers and acquisitions in real estate exceeded projections in the last quarter of 2021 and the first two months of 2022 with huge cases presented by international […]
Read MoreThailand’s gem and jewellery exports excluding gold are expected to grow by 15%-20% this year, driven by the global economic recovery and increasing economic activities as well as less severe symptoms caused by the Omicron variant. Sumeth Prasongphongchai, director of the Gem and Jewelry Institute of Thailand (GIT), said many Thai trading partners adjusted their […]
Read MoreMANILA, Philippines — AirAsia Aviation Group is gearing up to introduce air taxi services in key markets in Southeast Asia, including the Philippines, in partnership with Dublin-based aircraft leasing company Avolon. AirAsia and Avolon have signed a non-binding memorandum of understanding wherein the low-cost carrier will lease a minimum of 100 VX4 electric vertical take-off […]
Read MoreVietnam currently has five USD billionaires and may have six by 2025. With the rise of the rich, the Vietnamese market will be a fertile land for luxury brands. The third Prestige 520 luxury yacht priced at least VND 33 billion (over $1.4 million) was recently handed over to its owner in HCM City. Other […]
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Thailand
