NUEVA ECIJA, Philippines — Contenders to be President Rodrigo Duterte’s successor to Malacañang are urging his administration to act on the rapidly rising fuel prices due to Russia’s invasion of Ukraine. Sen. Ping Lacson and Vice President Leni Robredo called for the government to suspend the imposition of excise taxes on fuel, which would immediately […]
Read MoreCambodia’s requests to increase capacity at the Stung Bot-Ban Nong Ian international border checkpoint with Thailand – around 9km southeast of the main Poipet gate – during its preliminary phase continue to be declined by the Thai side, according to a senior public works official. Thailand insists that construction of the primary facilities on its […]
Read MoreThe price of RON95 rose by nearly VND3,000 per liter to an all-time high of VND29,820. The retail price of biofuel E5 – RON92 increased by VND2,910 to VND28,980 (US$1.27) per liter and RON95 by VND2,990 to VND29,820 ($1.30) per liter, respectively, from 3:00 pm today [March 11]. The move came following the latest 10-day […]
Read MoreThe Customs Department said its revenue has risen 6 per cent in the first five months of the fiscal year 2022 from the same period last year. Revenue rose to Bt8.8 billion from October 2021 to February but was 0.5 per cent below the target, department director-general Patchara Anuntasilpa said. The target for the full […]
Read MoreAn improved Covid-19 situation in Vietnam and ongoing Government support policies for the car market would lead to stronger growth in car sale figures in the coming months. The sales figure in February, however, was on the decline for two consecutive months with a contraction of 22% against the previous month to 13,585 units. The […]
Read MoreMANILA, Philippines — The Duterte administration is seen booking the highest share of personal income tax (PIT) collection to the gross domestic product (GDP) after pursuing massive fiscal reforms, according to the Department of Finance (DOF). Finance Assistant Secretary Valery Brion said the contribution of PIT effort averaged 2.4 percent of GDP between 2017 and […]
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Thailand
