MANILA, Philippines — The Confederation of Truckers Association of the Philippines (CTAP) is seeking government’s help through fuel subsidies on the back of rising fuel prices. CTAP president Maria Zapata hopes the government will eventually recognize the need to grant subsidies to the trucking industry, similar to the policies in other ASEAN countries, as they are […]
Read MoreThe baht opened at 34.29 to the US dollar on Friday, dropping from Thursday’s close of 34.05. The currency is expected to move in a range between 34.20 and 34.40 on Thursday, according to Krungthai Bank market strategist Poon Panichpibool. Volatility in the currency market is still supporting the dollar and pressuring the baht, Poon […]
Read MoreThailand’s headline consumer price index (CPI) rose a slower-than-expected 4.65% in April from a year earlier, the Commerce Ministry said on Thursday. That compared with a forecast for a rise of 4.98% in a Reuters poll and following March’s 5.73% jump. The core CPI index was up 2.0% from a year earlier, in line with […]
Read MoreMalaysia’s manufacturing showed renewed momentum in April as incoming orders recovered strongly to register the sharpest rise in eight years, S&P Global said Thursday. The S&P Global Malaysia manufacturing purchasing managers index increased to 51.6 in April from 49.6 in March. April saw a welcome surge in demand for manufactured goods and producers reported the […]
Read MoreBENGALURU : Indonesia’s annual economic growth likely remained steady in the first quarter as commodities exports partly offset weak consumer spending due to mobility curbs imposed to stop the spread of the Omicron coronavirus variant, a Reuters poll found. Southeast Asia’s largest economy expanded 5.00 per cent in January-March, compared to the same period a […]
Read MoreThe Government of Laos has outlined currency depreciation and high fuel costs as the two most urgent issues it will tackle this month. Government Spokesperson and Minister to the Prime Minister’s Office, Madame Thippakone Chanthavongsa, said that the government will work on several issues outlined during a recent monthly cabinet meeting held in April, with […]
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