MANILA, Philippines — The law that provides direct cash assistance to rice farmers is not seen to offset the huge losses of farmers due to excessive rice imports, according to the Federation of Free Farmers (FFF). President Duterte recently signed Republic Act 11598 or the Cash Assistance for Filipino Farmers Act, which mandates the Department […]
Read MoreOver the past weekend, the Ministry of Tourism recorded more than 450,000 tourists during the past weekend, indicating a continued recovery of the tourism sector despite new Omicron fears. Minister of Tourism Thong Khon reported that from January 7 to January 9, nearly 460,000 tourists nationwide. In the figures presented by the Minister, Cambodia recorded […]
Read MoreHomeowners may see cheaper electricity bills in May as the National Energy Policy Council (NEPC) has approved spending 13 billion baht from gas sales contracts in Myanmar to reduce the fuel tariff (Ft). National oil and gas conglomerate PTT Plc is the sole buyer of natural gas from operators at the Yadana and Yetagun offshore […]
Read MoreEmployment rose for the first time in seven months as demand improves. Vietnam’s firms remained optimistic that output will increase over the coming year, with sentiment ticking up since November on hopes that the Covid-19 pandemic will be brought under control over the course of 2022 and demand will strengthen. According to the latest study by IHS […]
Read MoreThe baht opened at 33.63 to the US dollar on Monday, strengthening from the previous closing of 33.65. The Thai currency is likely to move between 33.55 and 33.75 during the day and between 33.30 and 33.90 during the week, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is likely to […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) said the signing into law of a measure that lowers the minimum paid-up capital for foreign retailers would help encourage more investments into the country. “We thank the President and the Senate and Congress for passing the Retail Trade Liberalization (RTL) Act. We in the […]
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