MANILA, Philippines — Inflation likely further accelerated to 4.9 percent in May due to increased prices of food, transportation, and sin products, the Department of Finance (DOF) said over the weekend. In its latest economic bulletin, the DOF said inflation last month may have settled at 4.9 percent, the highest since 2013 under the 2012 […]
Read MoreThe Hanoitimes – The government has required some State-owned enterprises (SOEs) to expedite their equitisation and divestment progress as it remains behind schedule. According to the Ministry of Finance, competent state bodies ratified equitisation plans of only five SOEs in the first five months of this year. Meanwhile, the government targeted to equitise at least 85 […]
Read MoreThe consumer confidence index (CCI) rose 1 percent to 99.5, from 98.5 in May, after declining by 2.2 percent in April, according to Danareksa Research Institute’s (DRI) survey. “Our latest survey reveals that consumers gave more positive assessments on current economic conditions and the state of the job market,” said DRI in a press statement […]
Read MorePrime Minister Thongloun Sisoulith has highlighted the significance of human resource development to boost economic growth and enable Laos to better integrate with the rest of the region and the world. The prime minister delivered the message when addressing over 500 students and academics at Champassak University on Friday. He called on lecturers and scholars […]
Read MoreBANKS’ HOUSING and personal loans set high growth on consumer confidence for the first four months of this year, while Bank of Ayudhya’s loan growth target is set at 8 per cent and Krungthai bank’s loan growth estimate is targeted at 6-7 per cent. Dan Harsono, head of retail and consumer banking at Bank of […]
Read MorePETALING JAYA: The reintroduction of the sales and services tax (SST) in September this year will see lower prices of goods in general, but there could be a potential spike in the prices of some items, including the cost or charges for services rendered. Tax Advisory and Management Services Sdn Bhd tax consultant Yong Min […]
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Thailand
