THE Philippines’ lower house of Congress approved on Monday (Nov 14) a measure that would slap taxes on single-use plastics, in step with President Ferdinand Marcos Jr’s commitment to tackle ocean pollution. A tax of 100 pesos (S$2.41) would be levied on firms for every kilogram of single-used plastics that they produce or import, the […]
Read MoreKUALA LUMPUR: Bursa Malaysia has launched an interactive fund information platform to provide the investing public with comprehensive information on unit trusts and wholesale funds. The stock exchange operator said the platform, called the Bursa Fund Platfoorm, would help investors make better informed investment decisions. BUrsa Malaysia CEO Datuk Muhammad Umar Swift said the Bursa […]
Read MoreLONDON: The Tourism and Sports Ministry is planning to ask the cabinet this month for a budget of 8.7 billion baht to support the tourism industry, saying a “booster shot” is required for Thailand to attract 18-20 million tourists next year. Of the total budget, 7.2 billion baht would be allocated for the fifth phase of […]
Read MorePeople will be allowed to have a say regarding the new power tariff as the Energy Regulatory Commission (ERC) prepares to decide on the next hike, leading to higher electricity bills next year. The higher bill is mainly attributed to an increase in the fuel tariff, often called Ft, which is a key component in […]
Read MoreE-COMMERCE giant Shopee on Monday (Nov 14) started another round of layoffs, which affected some people in Singapore, in yet another round of job woes as its parent Sea Limited struggles towards profitability. This is at least the third round of job cuts Shopee has made this year, following its most recent layoffs in September. […]
Read MoreStructural changes to be brought by Regional Comprehensive Economic Partnership (RCEP) can raise Cambodia’s exports between 9.4 percent and 18 percent annually, according to experts. A discussion paper in the Comprehensive Asia Development Plan (CADP) 3.0, released recently by Jakarta-based Economic Research Institute for Asean and East Asia (ERIA) said that the large export potential […]
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