MANILA, Philippines — The Philippines may lose in the banana export war amid continued stiff competition in the global market, prompting the government to allocate some P263 million to save the local banana industry. Agriculture Secretary William Dar has instructed agricultural attaches in China, South Korea, and Thailand to monitor the global situation as other […]
Read MoreKUALA LUMPUR, Sept 19 — The Employees Provident Fund (EPF) recorded a gross investment income of RM15.12 billion for the second quarter (Q2) ended June 30, 2020. The retirement fund said equities contributed 54 per cent, or RM8.11 billion, to total gross income. Fixed income instruments contributed RM6.17 billion while real estate and infrastructure accounted […]
Read MoreDespite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Vietnam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year. According to the SBV’s policy, it assigns an annual credit growth quota for […]
Read MoreInflation figures INFLATION is in focus during this relative light week for economic data. The Statistics Department is expected to announce the August consumer price index (CPI) on Wednesday. Economists said the CPI data is likely to show continued negative inflation. In July, the country’s CPI declined 1.3% to 119.9 from 121.5 in the same […]
Read MoreThe Federation of Thai Industries (FTI) this Wednesday will ask the Center for Economic Situation Administration to approve its nine-point proposal aimed at using taxation tools and other relief packages to help businesses and employees get through the crisis. Five of the nine measures involve tax reduction or tax breaks for businesses afflicted by the […]
Read MoreThe Finance Ministry predicts the 51-billion-baht cash handout to cover one-third of the population, aiming to sustain private consumption in the final quarter. The scheme will cover 24 million people in total, with 14 million holders of state welfare cards and the remainder individuals aged 18 and up, said Lavaron Sangsnit, director-general of the Fiscal […]
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Thailand
