The Treasury Department might consider lowering its land and building rental fee to 25% of its normal rate on a case-by-case basis, with the aim of easing the burden on tenants given the prolonged pandemic, says Yuttana Yimgarund, the department’s director-general. He said many tenants have been suffering from declining revenue since early last year […]
Read MoreVegetables and eggs are in short supply in HCM City due to disruptions in supply chains caused by COVID-19. The city needs support from provinces in the eastern and Central Highlands regions to mitigate this, the city’s Department of Industry and Trade (DoIT) has advised. Nguyen Nguyen Phuong, the department’s deputy director, said the rising […]
Read MoreSINGAPORE (BLOOMBERG) – The Singapore dollar is poised to outperform its South-east Asian peers as a higher vaccination rate and rising core inflation may spur its central bank to start tightening policy sooner than its regional counterparts. While all South-east Asian currencies have been under pressure against the greenback since the Federal Reserve’s latest “dot plot” brought US […]
Read MoreKUALA LUMPUR: Malaysia’s fiscal deficit is expected to go up to between 6.5% and 7% of its gross domestic product (GDP) this year from the 6% targeted earlier, after factoring in the recent stimulus packages announced by the government. Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the government is ready to expand fiscal […]
Read MoreMANILA, Philippines — The detection of highly contagious Covid-19 Delta variant in the Philippines sent local shares into a tailspin on Monday, amid growing unease among investors over the virus’ threat to economic recovery. Panic returned to the trading floor of the Philippine Stock Exchange, with the bellwether PSEi shedding 1.59% to close at 6,587.20. The […]
Read MoreSoutheast Asia is one of the biggest sources of plastic waste thanks to rapid urbanisation and a growing middle class, whose consumption of plastic products is continuously rising due to increasing purchasing power and desire for convenience. To make matters worse, during the Covid-19 pandemic, the use of plastics increased exponentially due to increased attention […]
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Thailand
