The General Department of Customs and Excise (GDCE) has collected some $76 million from import tax and import duties on right-hand drive vehicles and illegal imported vehicles. At a press conference on July 7, Kun Nhim, Minister Attached to the Prime Minister and GDCE Director General said that as of June 30, 9,753 right-hand drive […]
Read MoreKUALA LUMPUR, July 8 ― OCBC Bank believes that Malaysia still stands a good chance to achieve a gross domestic product (GDP) growth of about 5.7 per cent year-on-year in 2022, despite the International Monetary Fund’s (IMF) plan to downgrade its global economic growth forecast for 2022. “The saving grace is that the domestic consumption […]
Read MoreLaos enjoyed over 400 million USD in trade surplus with Vietnam in the first six months of this year, excluding trade on power, according to Laos’ Ministry of Industry and Commerce. Vientiane (VNA) – Laos enjoyed over 400 million USD in trade surplus with Vietnam in the first six months of this year, excluding trade on […]
Read MoreKOTA KINABALU — The airasia Super App is gearing up to be the next big challenger for Grab Philippines this year, with the launch of its ride hailing and food delivery services by the fourth quarter. “For the ride hailing app in the Philippines, we are working aggressively in terms of hopefully bringing it toward […]
Read MoreThe baht opened at 36.08 to the US dollar on Friday, strengthening from Thursday’s close of 36.11. The currency is expected to move between 35.90 and 36.15 during the day, predicted Krungthai Bank market strategist Poon Panichpibool. He said the baht was likely to fluctuate and weaken as the dollar is strengthening and the market […]
Read MoreTHE Bangko Sentral ng Pilipinas (BSP) will aggressively raise its benchmark interest rates by 50 basis points (bps) in August, Governor Felipe Medalla announced on Thursday. “[T]he BSP is prepared to be more aggressive in raising its policy rate, compared to its initial gradualist stance. In particular, BSP is prepared to raise its policy rate by 50 […]
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Thailand
