The Ministry of Tourism plans to spearhead a bigger push for digital technologies, particularly in rapid-payment systems, and harness next-level innovations to guide the ailing tourism sector out of its Covid nightmare and chart a prosperous post-pandemic path. This endeavour comes amid government plans to reopen the tourism industry in the fourth quarter of this […]
Read MoreThe Federation of Thai Industries (FTI) is urging the government to vaccinate 70% of the population earlier than planned as the country cannot wait until December, with risks mounting if a fourth outbreak is caused by the virulent Delta variant. The federation made the call as health authorities on Tuesday warned the Delta strain was rapidly […]
Read MoreThe consumer price index (CPI), a gauge of headline inflation, rose for a third straight month in June, but at a slower pace from the previous two months. The Commerce Ministry reported yesterday that inflation was 1.25% in June after tallying 2.44% in May and 3.41% in April, the first uptick since March 2020 and […]
Read MoreThe Lao kip has continued its depreciation against foreign currencies, affecting the cost of living amid the Covid-19 pandemic. In recent months, a mismatch in supply and demand has increased the gap between official and parallel market currency rates, putting importers under pressure and increasing inflation. Official exchange rates set by the Bank of the Lao […]
Read MoreSINGAPORE – Small and medium-sized enterprises (SMEs) paid lower average effective tax rates than non-SMEs over the past decade, according to figures disclosed by Finance Minister Lawrence Wong on Monday (July 5). The average effective tax rates – corporate tax divided by chargeable income – for all SMEs stood at 3.4 per cent for the Year […]
Read MoreMANILA, Philippines — The still slow pace of COVID-19 vaccination in the country continues to dampen prospects for a strong economic recovery this year even as domestic activity is showing signs of a rebound. The Japan Center for Economic Research (JCER) has slashed its gross domestic product (GDP) forecast to 4.3 percent for 2021 from […]
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Thailand
