The Fiscal Policy Office (FPO) is to ask the Finance Ministry to consider winding down unnecessary measures related to tax waivers and tax deductions, in the wake of a decline in net government revenue as a proportion of GDP, says a ministry source who requested anonymity. The source said that according to the FPO’s report on […]
Read MoreANN/THE STAR – Headline inflation has increased to 4.7 per cent in August 2022 from 4.4 per cent in July, in line with market expectations, said Bank Negara Malaysia (BNM). The central bank said core inflation increased to 3.8 per cent during the month versus 3.4 per cent in the previous month. “The increase largely […]
Read MoreTHE Philippine peso closed at P59 to a United States dollar on Monday for another record low despite increasing by small increments against greenback in the past three trading days. Data from the Bankers Association of the Philippines said local foreign exchange trading opened at P58.75, weaker than Friday’s P58.6. The local currency traded between […]
Read MoreThe Belt and Road Initiative (BRI), a global infrastructure development strategy adopted by China, has helped address infrastructure deficits in Cambodia, said an economist. BRI has also helped reduce trade and transport costs in the Kingdom, Dr Jayant Menon, a Senior Fellow with ISEAS – Yusof Ishak Institute, said yesterday. He was speaking at a […]
Read MoreEastern Polymer Group Plc (EPG), Thailand’s leading plastic moulder, expects more car manufacturing to boost its sales of pickup accessories, now making up about half of its total revenue. Sales of products such as bed liners, sidesteps and canopies for pickups are believed to grow as a result of more car purchases, according to the […]
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Thailand
