MANILA: The Philippines will continue to use interest rates to mitigate against inflation and may step in to defend a depreciating peso, President Ferdinand Marcos Jr said on Tuesday. “We may have to defend the peso in the coming months, but the overall forecast is that we are still doing better than other countries in […]
Read MoreInflation risk is still present with high prices from all input factors, so the simultaneous use of both expansionary fiscal policy and expansionary monetary policy will create pressure on prices. When assessing Vietnam’s inflation in 2022, Dr. Vu Sy Cuong from the Academy of Finance said that tax reduction support packages, especially VAT, excise tax […]
Read MoreAmazon Web Services (AWS),the cloud computing division of Amazon.com Inc, said on Monday it plans to invest $5 billion (190 billion baht) in Thailand over the next 15 years to strengthen its infrastructure in the country. The investment would include construction of data centers and purchase of goods and services from regional businesses, AWS said in […]
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