In a recent report, HSBC adjusted its prediction for Vietnam’s inflation this year from 2.7 per cent to 3 per cent, a slight increase but with negligible risk as the economy has shown signs of a strong rebound in the making. While the number of cases has continued to climb since before Tet (Lunar New Year), the […]
Read MoreThe cabinet on Tuesday agreed to cut the excise tax on diesel by 3 baht per litre, from 5.99 baht currently, for three months to help mitigate the impact of high energy prices, deputy finance minister Santi Promphat told reporters. The cabinet approved a draft decree to cut the tax for three months from February […]
Read MoreJAKARTA: Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned coal shipments, a move that shocked the global energy market. The January trade surplus was bigger than expected at $930 million, however, official data showed on Tuesday, compared with a $190 million surplus seen in […]
Read MoreForeign retail businesses are adopting a multi-channel sales strategy as well as improved operations and delivery services to expand Vietnam operations despite pandemic impacts. Huynh Le Minh Tu, deputy director of the HCM City Department of Industry and Trade, said that with a population of more than 90 million and increasing living standards, the retail […]
Read MoreThe baht is emerging as an unlikely haven in developing Asia as optimism about the nation’s tourism sector buoys inflows. The region’s worst-performing currency in 2021 has vaulted to the top of the rankings this year on bets that a quarantine-free visa programme will kick-start the travel industry. That’s limiting the fallout from geopolitical risks […]
Read MoreJakarta (VNA) – The Finance Ministry of Indonesia has raised its tax revenue target for 2022 to 9.3 – 9.5 percent of GDP, banking on the implementation of new tax regulations and continued economic recovery. Febrio Nathan Kacaribu, head of the ministry’s Fiscal Policy Agency, said the target is higher than the 9.11 percent achieved last year, noting that this target took into account […]
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Thailand
