The Finance Ministry has allowed 2020 tax filing data to be used as eligibility criteria for receiving financial aid under the “Rao Chana” (We Win) scheme, catering to those wanting their eligibility to be reassessed. Approved in January, the We Win scheme aims to provide 210 billion baht in financial handouts for 31 million people […]
Read MoreMANILA, Philippines — Lockdowns had been eased but while most Filipinos are still trying to stay home over fears of catching the deadly coronavirus, Rolando Mateo, 43, and his family of three do not even have a home to begin with. We caught up with Mateo on Wednesday morning in a wet market in the […]
Read MoreKUALA LUMPUR: Bank Islam Malaysia Bhd expects Bank Negara Malaysia (BNM) to cut its overnight policy rate (OPR) by 25 basis points (bps) at the upcoming Monetary Policy Meeting scheduled for March 4. Chief economist Dr Mohd Afzanizam Abdul Rashid said the reduction projection was due to the visibility of economic uncertainties following the reintroduction […]
Read MoreForeign investment applications in Thailand dropped 54% to 213 billion baht in 2020 as companies were deterred by the coronavirus pandemic, while this year’s outlook remains uncertain, the Board of Investment (BoI) said on Wednesday. Japan remains Thailand’s biggest investor, with projects worth 76 billion baht, followed by China’s 31 billion baht of pledges and […]
Read MoreHANOI: Vietnam said on Tuesday it plans to impose anti-dumping duties on raw sugar that originates in Thailand, claiming soaring imports are undermining its domestic sugar industry. The Vietnamese Industry and Trade Ministry said a 33.88% levy would apply on Thai sugar, but a timeframe for when it will come into force has yet to […]
Read MoreLONDON, United Kingdom — The Philippine Statistics Authority (PSA) released last week the inflation figures for January. The agency reported that inflation for the month was at 4.2% the fastest in 2 years. While these figures are concerning, especially during a recession when you need households to spend, it is highly likely that headline inflation […]
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