The public will have to accept the 5-7 percent electricity price increase in 2023 as EVN has incurred a big loss of VND31 trillion and if it is not allowed to raise electricity prices, national energy security will be threatened. Can Van Luc, a member of the National Advisory Council for Financial and Monetary Policies, […]
Read MoreBUDGET 2023, with an allocation of RM388.1bil, is an expansionary one by a mile, being 17% higher than the previous one, but with a lower deficit at 5% compared to 5.6% in 2022. Therefore, the curiosity heightens when you note that the reduced deficit comes on the back of lower expected revenue for 2023 of […]
Read MoreThe government needs to revamp the tax structure, especially the personal income tax, to bridge the income gap and ensure a fairer system, according to the National Economic and Social Development Council (NESDC). Thailand still has some tax waivers, including the capital gains tax, which some parties believe should be cancelled. The government is studying whether some […]
Read MoreCambodia and Thailand will review policies to push for self-driving tourists passing through the two countries to boost the number of tourists. This took place on March 2, when Thong Khon, Minister of Tourism allowed Cherdkiat Atthakor, Thai ambassador to Cambodia to meet and discuss about the work. Minister of Tourism Thong Khon said that […]
Read MoreMANILA, Philippines — The Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) expects the country’s electronic exports to grow at a slower pace of five percent this year compared to last year’s due to an anticipated weakening of global demand. SEIPI president Dan Lachica said in a Viber message, “five percent is the […]
Read MoreKUALA LUMPUR (March 3): PPB Group Bhd sees an increase of between 30% and 38% in its utility cost, after the government removed electricity subsidies and raised the power tariff for medium- and high-voltage users to a surcharge of 20 sen per kWh from Jan 1. PPB managing director Lim Soon Huat said the group is improving […]
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Thailand
