The government has identified policies to promote local currency usage as a key priority in its financial sector development strategy. The stability of the riel is perceived as a key ingredient by the government in establishing people’s confidence in using the currency as a matter of course over the US dollar. The National Bank of […]
Read MoreKUALA LUMPUR: Malaysia’s near-term economic prospects remain upbeat as the country’s Leading Index (LI) increased by 8.2%, underpinned by healthcare and transportation, and as more people get vaccinated. The Statistics Department said on Wednesday the LI, which is a predictive tool used to anticipate economic upturns and downturns in average of four to six months […]
Read MoreMANILA, Philippines — Cigarette manufacturers planning to set up operations in special economic zones (SEZs) will soon be required to register with the Bureau of Internal Revenue (BIR) in an effort to curb illegal tobacco trade, said the Department of Finance (DOF). Finance Secretary Carlos Dominguez III said some locators registered with the Philippine Economic […]
Read MoreBeing the key mainstay of the economy, the Vietnamese private sector is set to enjoy a more favourable business and investment climate, with hurdles to be removed for it to make rapid strides in supporting Vietnam to achieve the dream of becoming a developed country by 2045. Minister of Planning and Investment Nguyen Chi Dung told […]
Read MoreThe cabinet has approved the extension of the (We Travel Together ) scheme to cover an additional 2 million people, to boost domestic tourism. The cabinet meeting on Tuesday, chaired by Prime Minister Prayut Chan-o-cha, approved the third-phase extension of the stimulus package. The cabinet also approved a packaged tour stimulus programme, Tour Tiew Thai. […]
Read MoreGlobal funds will continue to have unfettered access to Thai bonds even when a rule on registration takes effect, the central bank said as it sought to allay concern the regulation could be used to curb speculative flows. The proposal, which will kick off in October, requires foreign funds to open segregated onshore accounts instead […]
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Thailand
