KUALA LUMPUR, July 18 — Issues related to measures to address the rising cost of living and ensure the price of goods remains at affordable rates will be among issues to be raised at the Dewan Rakyat today. According to the Order Paper published on the Parliament website, these issues will be raised by Datuk […]
Read MoreThe government is taking more tax initiatives to support the recovery of tourism sector in addition to measures aimed at controlling Covid-19 pandemic and helping the most severely affected businesses in the country even though the number of tourists is increasing, according to a statement from the finance ministry. The additional tax measures were taken […]
Read MoreMANILA, Philippines — Boosting the country’s infrastructure program will allow the economy to grow more and, in turn, reduce the poverty rate that has been exacerbated by the pandemic. Department of Finance chief economist Gil Beltran said there is a need to push for more growth-oriented spending after COVID-19 pushed more Filipinos into poverty over […]
Read MoreThe baht opened at 36.58 to the US dollar on Monday, strengthening from Friday’s close of 36.61. The Thai currency is expected to move between 36.50 and 36.70 against the greenback during the day and between 36.30 and 36.90 during the week, Krungthai market strategist Poon Panichpibool predicted. Poon believes the baht might reach its […]
Read MoreRecovering businesses say they are not ready for the increase, but workers say wages still won’t be enough. Laos’ minimum wage will increase to 1.2 million (U.S. $80) per month starting on Aug. 1, the country’s government announced, despite complaints from business owners that say they cannot afford the increase. The Lao National Labor Committee […]
Read MoreSBV will continue to keep interest rates unchanged in order to sustain macro-economic stability and control inflation, in contrast with the ongoing trend adopted by central banks of many countries worldwide, according to economic experts. Dr. Vo Tri Thanh, director of the Institute of Branding and Competition Strategy, agrees that monetary policy plays a vital […]
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