MANILA, Philippines — Payments made by the national government to settle its maturing foreign debts brought the Philippines’ dollar position back to a deficit in September, the Bangko Sentral ng Pilipinas reported Tuesday. What’s new The country’s balance of payments (BOP) position posted a deficit of $412 million in September, reversing surpluses recorded both in […]
Read MorePUTRAJAYA, Oct 26 — Employers who are interested in hiring foreign workers will have to bear all the costs involved in bringing them into Malaysia, said Home Minister Datuk Seri Hamzah Zainudin. “The costs include levy payment and the cost of quarantine on arrival at the country’s entry point,” he told a press conference after […]
Read MoreThe Mekong Delta province of Kien Giang will receive a number of charter flights going to its Phu Quoc island from November 20 to test the process of picking up and serving guests with “vaccine passport”. It is part of a pilot plan on reopening tourism for the group, which will be implemented in two […]
Read MoreThe new Tour Teaw Thai, which helps subsidise 40% of tour packages of up to 5,000 baht to one million people, received lukewarm feedback from both travellers and tour operators despite the start of new travel season. From Oct 8-20, which was the starting period, only 383 tour packages had been sold from 255 available […]
Read MoreSINGAPORE – More wealthy Singapore-based investors are thinking of relocating their family members – either to the Republic or elsewhere – than their peers in the region, according to a report out on Tuesday (Oct 26) by Swiss private bank Lombard Odier. These high net worth investors (HNWIs) are also the most concerned about overheating stocks […]
Read MoreMANILA, Philippines — The Philippines incurred a budget shortfall of P180.91 billion in September, bringing the total budget gap from January to September to P1.139 trillion as the government’s pandemic-related expenses continue to surge, the Bureau of the Treasury (BTr) said yesterday. The nine-month deficit was nearly 30 percent higher than the P879.21 billion shortfall […]
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Thailand
