The working-age population will witness a downward trend, from 43.2 million to 36.5 million, with the rate of newborns at -0.2 per cent, the National Economic and Social Development Board (NESDB) said. The NESDB forecasts that the Thai population will increase from 66.5 million to 67.2 million by 2028, but will then decrease by 0.2 […]
Read MoreThe Hanoitimes – Vietnam would continue to pursue a flexible monetary policy and affirms it has no intention of seeking unfair trade gains. The State Bank of Vietnam (SBV), the country’s central bank, would continue to work with other government agencies to address concern of the US Department of Treasury after the department kept Vietnam in […]
Read MoreThailand again managed to avoid placement on the US watch list for currency manipulation, while the Bank of Thailand affirmed that steps have been taken to curb the baht’s gain with an almost US$80-billion increase in foreign reserves over the past five years. According to the US Treasury Department’s report to Congress on “Macroeconomic and […]
Read MoreOnline shoppers, prepare. The government is set to implement a new import regulation that will lower the maximum value of tax-free imported goods at the end of this month. Finance Ministerial Regulation (PMK) No.199/2019 sets the maximum value of non-taxable imported goods at US$3 per shipment, far lower than the current $75.The new regulation will […]
Read MoreMANILA, Philippines — President Duterte’s latest pronouncement to limit rice imports during harvest season is actually more disastrous to local farmers, according to a think tank. Research and advocacy group Action for Economic Reforms (AER) said the policy pronouncement of curbing rice imports would erode the gains from the Rice Tariffication Law. Duterte earlier said […]
Read MoreThe Ministry of Mines and Energy announced public bidding for mine exploration, calling on local and foreign companies to apply. The move is made as the first commercial gold mine extraction is scheduled this year. In the announcement dated Jan 10, the ministry said that the mine exploration concessional area covers cumulatively 1,390 square kilometres […]
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Thailand
