The board of the Oil Fuel Fund Office (OFFO) resolved on Monday to keep the local diesel price at 34.94 baht per litre, while petrol prices will drop significantly on Tuesday. OFFO director Wisak Wattanasap said the 34.94-baht diesel price would remain for the eighth consecutive week so that the diesel subsidy from the Oil Fuel Fund […]
Read MoreTEMPO.CO, Jakarta – The growth of Jakarta‘s economy in the second quarter of 2022 is attributable to the high community mobility, said Head of Bank Indonesia’s Jakarta Representative Office Onny Widjanarko. “Economic growth in Jakarta is in line with the continued increase in community mobility supported by the accelerated booster vaccination program,” said Onny as quoted from Antara in Jakarta, Monday, August […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP), a free trade agreement among 15 Asia-Pacific nations, will stimulate economic recovery in the post-pandemic era, Prime Minister Hun Sen said yesterday. Delivering a video message to mark the Association of Southeast Asian Nations Day, the premier said the agreement will help create jobs, and strengthen the supply chain […]
Read MoreThe utilisation rate of tax incentives set out in the EU-Vietnam Free Trade Agreement (EVFTA) during Q1 soared by over 32%, representing a four-fold rise compared to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Statistics compiled by the Ministry of Industry and Trade (MoIT) indicate that the export turnover of goods to the […]
Read MoreMANILA, Philippines — Inflation is likely to lose steam in the fourth quarter of the year as global oil prices ease and the consumer price index (CPI) for housing, water, electricity, gas and other fuels decline, according to Moody’s Analytics. The research arm of the Moody’s Group said that the Philippines and other countries in […]
Read MoreA decision by Facebook to scrap its live shopping feature in October is unlikely to take a heavy toll on e-commerce in Thailand where sellers have not significantly counted on this function for their sales, according to industry pundits. Facebook owner Meta said “Facebook Live Shopping” will be taken down from Oct 1. Users can still […]
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