BANGKOK: Thailand’s tourism minister has blamed a surge in the baht for sapping tourist arrivals into South-East Asia’s second-largest economy and says he’ll take up the matter with the central bank, highlighting rising concern over the currency’s gains. Arrivals have dropped because of the baht’s strength, Pitak Ratchakitprakarn, minister of tourism and sports, told reporters […]
Read MoreMANILA, Philippines — There is no need to review the Rice Tariffication Law, the Department of Finance (DOF) said yesterday, as it noted that prices of rice have declined with the liberalization of rice imports. Farmers and rice industry stakeholders earlier called on the government to look into the loopholes in Republic Act 11203 or […]
Read MoreThe Federation of Thai Industries (FTI) is calling for the Labour Ministry to waive the 5% contribution from insured workers to the Social Security Fund (SSF) for 6-12 months instead of increasing the daily minimum wage to 400 baht as promised during the election campaign. The exemption should be subsidised temporarily by the government, FTI […]
Read MoreSingapore is considering increasing imports of Cambodian agricultural products, according to the Ministry of Commerce. For in depth analysis of Cambodian Business, visit Capital Cambodia During an official visit to Singapore on Tuesday, Commerce Minister Pan Sorasak met with Chan Chun Sing, Singapore’s Minister of Trade and Industry. According to a post on the Ministry of […]
Read MoreThe Finance Ministry is set to dust off a planned cash handout for travel to 55 secondary provinces by including it in the economic stimulus package going before new Finance Minister Uttama Savanayana. The proposed cash handout for spending in secondary provinces will cost the government tens of billions of baht if the measure comes […]
Read MoreThe Hanoitimes – Sustaining growth was owing to strong inflows of foreign direct investment, up by 27% in the first five months of 2019 from a year earlier. The Asian Development Bank (ADB) maintained its forecast for Vietnam’s GDP growth at 6.8% in 2019 and 6.7% for 2020, making the country the fastest-growing economy in […]
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