MANILA, Philippines — Local car and truck assemblers had a weak start for the year, with sales dropping 11 percent in January from a year ago as a surge in COVID cases dampened demand for big-ticket items including vehicles. The joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck […]
Read MoreThe Tourism Authority of Thailand (TAT) is implementing its “Visit Thailand Year 2022: Amazing New Chapters” campaign to help revive the country’s tourism sector while playing a positive role in the overall economy. TAT governor Yuthasak Supasorn said the campaign will focus on Thailand’s soft power assets which include food, film, fashion, festivals, traditions, music, […]
Read MoreThailand’s headline inflation rate is expected to top the Bank of Thailand’s forecast of 1.7% this year, but should remain within its target range, central bank officials said on Friday. Inflation would exceed the BoT’s target range of 1% to 3% in early 2022 before falling in the second half of the year, they said. […]
Read More[KUALA LUMPUR] Malaysia said its economy returned to expansion at the end of 2021 amid easing pandemic restrictions, while flagging risks for this year from inflation, further virus disruptions and global growth. Gross domestic product (GDP) growth in the December quarter rebounded to 3.6 per cent from a year earlier, Malaysia’s central bank said Friday […]
Read MoreThe Finance Ministry will at the Tuesday Cabinet meeting propose the option of reducing excise tax for diesel to less than 3 baht per litre, a source was quoted as saying by Thansettakij. The source said a new draft decree on the Revenue Code is being prepared in response to the continued rise of crude […]
Read More[JAKARTA] Indonesia’s central bank will review policy rate levels in the third quarter to head off any spike in inflation next year, Governor Perry Warjiyo said on Thursday (Feb 10), after it decided to keep rates unchanged for now to bolster an economic recovery. Bank Indonesia (BI) kept steady its benchmark 7-day reverse repurchase rate […]
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