Inflation in 2019 peaked at 8.81 percent in December, the highest level in 12 months, according to the latest available data released by the Central Statistical Organisation (CSO). In January 2019, inflation was 6.94pc. The higher inflation levels are due to steeper electricity tariffs implemented by the government since July last year. Other reasons include […]
Read MoreThe Bank of Thailand plans to implement practice guidelines to regulate financial institutions’ fee charge calculation for products and services in the third quarter as part of a push for a fairer fee structure, a senior official says. The guidance will cover fee charges for 300 items across business segments including corporate, small and medium-sized enterprises […]
Read MoreMANILA, Philippines — Net inflow of long-term investments into the Philippines climbed in November, but was not enough to offset the strong outflow during the 11-month period last year as investor confidence remained muted due to uncertainty brought about by the dim global economic outlook and delayed passage of the second tranche of the government’s […]
Read MoreBUSINESSES clustered in Singapore’s financial district have heightened their monitoring efforts amid the novel coronavirus outbreak, reflecting the realities of Singapore being a large financial centre where banks and other large corporations dot Shenton Way and the Marina Bay. Two circulars seen by The Business Times revealed a confirmed case of an employee of one […]
Read MoreThe Hanoitimes – In January, tax revenue stood at VND166.7 trillion (US$7.17 billion), equivalent to 11% of the year’s plan and up 4.8% year-on-year. Vietnam recorded a state budget surplus of VND47.5 trillion (US$2.04 billion) in January, according to the Ministry of Finance (MoF). In January, state budget revenue collection stood at VND166.7 trillion (US$7.17 billion), […]
Read MoreThe Transportation Ministry is considering raising the minimum fare for app-based ojek (motorcycle taxis) operating in Greater Jakarta to accommodate drivers’ demands, an official has said. According to the ministry’s road transportation director, Ahmad Yani, ojol (ojek online) drivers have demanded a floor price increase to Rp 2,500 (US$18 US cents) per kilometer from Rp 2,000 per km at present. […]
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Thailand
