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Thailand: State eyes options to retain fuel cap

The government is looking for additional sources of funding to finance its energy subsidies, as its financial assistance is running low while global oil prices are approaching US$100 a barrel. The Oil Fuel Fund Office (Offo) previously paid 7 billion baht a month to cap the diesel price at 29.94 baht a litre, compared with […]

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E-commerce is pervading boundaries in Cambodia

Over 60 percent of the population is under 35 years old so it’s a very good opportunity for the e-economy to grow in Cambodia… the interaction between buyer and seller on e-commerce isn’t the same like people chatting at a local market. The mindset in Cambodia is such that people need to talk to each other […]

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Thailand: Prices set to see rise after 2 months

Manufacturers can fix their product prices without adjustment for another 1-2 months before seeing them rise and remain high for at least three months as a result of higher energy prices, according to the latest survey by the Federation of Thai Industries (FTI). Up to 40% of 150 FTI executives interviewed said they believe the […]

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Omicron impact mild for Philippines – think tank

MANILA, Philippines — Current developments in the country are starting to become encouraging after Omicron hit, proving that the COVID variant is unlikely to have a significant impact on the economy. In its weekly outlook, international think tank Capital Economics maintained that the Philippines is seeing some good news after the latest COVID-19 wave due […]

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