MANILA, Philippines — An aggressive monetary policy could prevent second-round effects of rising inflation, but would have little impact on nipping the source of domestic inflationary pressure, the National Economic and Development Authority (NEDA) said yesterday. Socioeconomic Planning Secretary and NEDA Ernesto Pernia said rising inflation is primarily caused by issues in the supply side […]
Read MorePTT Global Chemical Plc (PTTGC) is studying a greenfield project that will serve strong demand for petrochemical products in Asean countries. The company says demand is particularly strong in Vietnam, with broader Asean demand for plastic pellets showing a sustained increase. It plans to set up sales offices in Indonesia and Myanmar in order to […]
Read MoreA REVISED DOUBLE taxation agreement (Revised DTA) between Thailand and the Philippines will replace the existing 1983 treaty and will become effective on January 1, 2019. The major portions of the 1983 tax treaty were revised in order to make the treaty more relevant to the current tax laws and environment and in order to […]
Read MoreThe govt wants to lure tourists back to Myanmar. Will its efforts work? The Myanmar tourism industry has suffered from a big drop in tourists due to the unfolding refugee crisis in northern Rakhine. With the number of visitors from the US and Europe declining sharply over the past year, some tour companies and hoteliers […]
Read MoreThe retail sector is one of the most sophisticated real estate markets in Thailand. Retailing has expanded rapidly and aggressively here in recent years, even as shopping malls in many countries have been walloped by online shopping and dramatic changes in consumer behaviour. The retail market in Thailand continues to grow, with Bangkok leading the way. […]
Read MoreIn January 2018, Chinese Premier Li Keqiang visited Cambodia and oversaw the signing of 19 new development deals. The deals were announced just a few weeks after Chinese firms pledged to invest an additional US$7 billion in Cambodia, including for a highway construction project that will connect the capital city of Phnom Penh with the country’s main port […]
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