MANILA, Philippines — The country’s trade gap likely widened in April from the previous month, with both exports and imports expected to have posted declines, according to United Kingdom-based think tank Pantheon Macroeconomics. Pantheon Macroeconomics chief emerging Asia economist Miguel Chanco and senior Asia economist Moorthy Krshnan said in a report that the country’s trade […]
Read MoreHANOI: Vietnam needs to prioritise growing the economy with inflation under control and its export-dependent businesses struggling with declining orders, says Prime Minister Pham Minh Chinh during the government’s monthly meeting last Saturday. Inflation in May quickened 2.43% from a year ago, the lowest level in 14 months, according to government data. But the government […]
Read MoreThailand is at risk of water scarcity in the eastern region, where the government’s flagship investment project Eastern Economic Corridor (EEC) is being developed, as water demand grows while supply is limited, says the Federation of Thai Industries (FTI). Climate change could intensify drought in this region, said Somchai Wangwattanapanich, vice-chairman of the FTI and chairman […]
Read MoreThe newly introduced Taxation Law is devoid of any complications. As Khmer Times breaks down the 84-page law to its readers, it sees the government has launched the Taxation Law at a perfect time to strengthen tax collection and ease of compliance. It provides flexibility to honest taxpayers, but yes it comes with a rider […]
Read MoreFood expenditure is a significant portion of Filipino family budgets. A family spends an average of around 40 percent on food, a large part of which is spent on rice. As a result, changes in food prices substantially impact household budgets and overall inflation in the country. In the Philippines, the prices of key imports […]
Read MoreCambodia’s employment rate continued to be strong at 99.3 percent and remained one of the best in the world. This was recently disclosed by Ith Samheng, Minister of Labour and Vocational Training, as he hailed the role of the National Employment Agency (NEA) for this achievement Presiding over a lecture on ‘Labour Market and Economic […]
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