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Philippines: Government gears up for fuel marking, eyes additional P5 billion revenues

MANILA, Philippines — The government is gearing up for the implementation of the fuel marking program this quarter, a measure which is seen to generate at least P5 billion in additional revenues this 2019, the Department of Finance (DOF) said. In a text message to reporters, Finance Secretary Carlos Dominguez said fuel marking operations are […]

Thailand: World Bank cites risks to outlook

Political uncertainty is a major risk sapping investor and consumer confidence and clouding the country’s economic outlook, the World Bank says. Domestic factors are the main risk to Thailand’s outlook for the rest of the year, said Kiatipong Ariyapruchya, the global lender’s senior economist for Thailand. Delays in the new government’s formation will postpone fiscal […]

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Philippines: Government gears up for fuel marking, eyes additional P5 billion revenues

Thailand: World Bank cites risks to outlook