MANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) fell by 69 percent in January from a year ago amid challenges from the ongoing pandemic. “For the month of January 2022, the PEZA board approved nine new and expansion projects with P3.48 billion of investments,” PEZA said in a statement yesterday. In […]
Read MoreVietnam said US trade remedies must be fair and in accordance with the World Trade Organization (WHO) rules. Hanoi has said the antidumping duty of more than 400% on honey from Vietnam that the US announced would threaten the livelihoods of Vietnamese farmers. The anti-dumping rate once imposed would cause serious impacts on Vietnam’s beekeeping […]
Read MoreA three-baht reduction in the excise tax for diesel oil, which takes effect from midnight on Thursday, will cost the state 17 billion baht in lost revenue over the next three months, but will benefit the country’s economy in the long term, Excise Department director-general Lavaron Sangsnit said. He said on Thursday that the excise […]
Read MoreChina has suspended trade through the Kim Thanh Border Gate in Vietnam’s Lao Cai Province after discovering Covid-19 cases on its side, leaving 350 container trucks stranded. With Chinese authorities placing the Hekou Yao Autonomous County under lockdown, it is unclear when the trucks can cross the border. The Ministry of Industry and Trade has […]
Read MoreThe business sector is expected to postpone product price hikes for three months after the Cabinet approved a move to reduce the excise tax for diesel fuel by 3 baht per litre for three months, Thai Chamber of Commerce vice president Wisit Limleucha said on Wednesday. ACabinet meeting on Tuesday approved a proposal by the […]
Read MoreKUALA LUMPUR: The Institute for Democracy and Economic Affairs (Ideas) believes that the inflationary pressures and price hikes that Malaysia is facing is temporary and can be effectively controlled through proper monetary and fiscal policies. According to the Statistics Department, the country’s inflation rate (as measured by the Consumer Price Index) increased 3.2% year-on-year in […]
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Thailand
