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Thailand: Regulator expected to extend subsidy on electricity bills

Energy authorities are preparing to extend the power discount period for households and businesses to reduce monthly expenses during the third wave due to work-from-home orders. The Energy Regulatory Commission (ERC) earlier this year approved a discounted electricity tariff from February to March as part of the state’s relief measures to help individuals and businesses […]

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Thailand: Border, transit trade jumps to B384bn

Thailand’s border and transit trade value increased by 19.3% year-on-year to 384 billion baht in the first quarter this year, driven mainly by trade with Malaysia and rising demand for Thai rubber. Transit trade refers to the transport of goods through more than one country. Of the total figures, exports from Thailand totalled 226 billion […]

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Malaysia: Bank Negara likely to maintain OPR at 1.75%

KUALA LUMPUR: HSBC Global Research expects Bank Negara to keep the Overnight Policy Rate at 1.75% at its third Monetary Policy Committee meeting on Thursday. In a research note yesterday, its chief economist for Asean, Joseph Incalcaterra, said despite downside risks to Bank Negara’s economic growth forecast, there was a high bar for further monetary […]

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Cambodia: Food market drive to extend past lockdown

The Ministry of Commerce will continue its campaign to sell goods at below-market prices in blocked off areas in Phnom Penh, even as the capital and Kandal province’s Takmao town emerge from lockdown at the outset of May 6, according to ministry spokesman Pen Sovicheat on May 4. The remark comes a day after Prime […]

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