The cabinet is on Tuesday expected to approve measures to relieve the impact of high energy prices, including power bills, but the decision will cost the government even more money. The government has already spent over 200 billion baht through subsidy programmes to curb soaring prices of diesel and liquefied petroleum gas, which is used as […]
Read MoreVietnam is now a destination for many foreign investors, including those from the world’s five largest economies. According to the International Monetary Fund (IMF), in 2021, the United States took the lead for nominal GDP with $22,940 billion, followed by China with about $16,863 billion, Japan $5,103 billion, Germany $4,230 billion and the UK $3,108 […]
Read MoreLowest in 13 months MANILA, Philippines — The net inflow of foreign direct investments (FDIs) plunged by 51.5 percent to a 13-month low of $471 million in June from $971 million in the same month last year due to higher repayments by multinational companies, according to the Bangko Sentral ng Pilipinas (BSP). Data released by […]
Read MoreTEMPO.CO, Jakarta – Deputy Minister of Finance Suahasil Nazara said Indonesia experienced an upward trend in inflation in September due to the increase in fuel prices announced by the government on September 3. However, he said, the upward trend in inflation will only occur this month after deflation in August. Because of this Suahasil is optimistic that […]
Read MoreThe Bank of Thailand has eased the conditions of the Debt Clinic’s unsecured loan restructuring programme to let more borrowers apply for debt solutions, with additional restructuring options. The new conditions became effective on Sept 8. According to the central bank’s announcement, it is allowing borrowers who were classified as non-performing loan (NPL) clients of financial […]
Read MoreMORE business leaders believe that the Philippine economy still needs over two years to recover from the impact of Covid-19, a new PwC Philippines and Management Association of the Philippines (MAP) of chief executive officers (CEOs) survey revealed. The PwC MAP 2022 Philippine CEO survey that follows the conference theme “The Wins of Change: Thriving in a World of In-Betweens” […]
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