The Energy Regulatory Commission (ERC) has resolved to maintain the fuel tariff (Ft) at an average of -0.1532 baht per kilowatt-hour (unit) to control monthly power bills this year as the global oil price is on an uptrend. This Ft rate puts the power tariff, which is used to calculate electricity prices, at 3.61 baht […]
Read MoreKUALA LUMPUR: Despite the optimism of the ringgit strengthening against the US dollar this year, the local currency is likely to stay weak against its Asean peers in the medium-term dragged down by structural weaknesses within Malaysia’s economy. Omni Capital Partners Sdn Bhd managing director Scott Lim (pic) explained that the structural weakness in the […]
Read MoreMANILA, Philippines — The Bureau of Internal Revenue (BIR) announced that it is now implementing nationwide its online system for securing a tax clearance for bidding purposes after the successful pilot test in selected revenue offices last year. “Few months after it successfully rolled out its Electronic Tax Clearance for Bidding Purposes and Tax […]
Read MoreWith its rapid development, Vietnam’s hunger for reliable and sustainable energy sources grows daily. Thus, the country is making efforts to develop thermal gas power sources to diversify its portfolio, which could be a challenging task as there are currently insufficient supplies within its territory. Khanh Hoa province, on the south-central coast, has recently been […]
Read MoreThe consumer price index (CPI), a gauge of headline inflation, fell 1.17% year-on-year in February, marking the 12th straight monthly decline since March 2020. According to Phusit Ratanakul Sereroengrit, director-general of the Trade Policy and Strategy Office, the decline was largely because of the government measures to reduce the cost of living via electricity and […]
Read MoreJAKARTA (The Jakarta Post/ANN): Indonesia’s manufacturing growth slowed down in February after hitting a six-year high the previous month as flooding and the Covid-19 pandemic disrupted the sector. The country’s Purchasing Managers’ Index (PMI) dropped to 50.9 in February from 52.2 in the previous month, business information provider IHS Markit reported on Monday (March 1). […]
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Thailand
