Thailand’s manufacturing production index (MPI) in May rose for a third straight month, climbing 25.84% from a year earlier, lifted by higher production of automobiles, air conditioners and electronics, the Industry Ministry said on Monday. The reading, still coming off a low base last year, compared with a forecast for a rise of 19.55% in […]
Read MoreCambodia’s tourism industry is anticipating the return of travellers by the end of this year with a focus on traditional regional markets, particularly those from China, Korea, Japan, Thailand and Singapore, according to Alain Brun, the chief executive officer of Cambodia Airports. Government meetings with the tourism industry indicate stakeholders are eying an earnest re-opening […]
Read MoreKUALA LUMPUR: Loan moratorium for all micro, small and medium enterprises (MSMEs), B40 as well as M40 households, while targeted for other individuals for at least three months or 50 per cent loan payment reduction for six months is needed to ensure social and business safety nets. According to EMIR Research, the overwhelming uptake and […]
Read MoreMANILA, Philippines — Economists are now convinced the Bangko Sentral ng Pilipinas (BSP) is likely to keep interest rates at record lows for a prolonged period as part of efforts to help the economy fully recover from the pandemic-induced recession. HSBC economist Noelan Arbis said the sharp hit to growth expectations this year and next […]
Read MoreTransportation companies could face their end at any moment, said a sector’s insider. As the Covid-19 pandemic continues to wreak havoc on the Vietnamese economy, transportation firms are forced to scale down operations to keep their business afloat. However, the fact that petrol prices have risen for two consecutive times in June has further placed […]
Read MoreThe Philippine Exporters Confederation Inc. (Philexport) urged the government to ensure processes and requirements for implementing the 12-percent value added tax (VAT) on indirect exports won’t burden exporters and micro, small and medium enterprises (MSMEs). In a letter to Bureau of Internal Revenue (BIR) Commissioner Cesar Dulay, Philexport President Sergio Ortiz-Luis, Jr. expressed concerns about […]
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