In the post-Pol Pot regime (1975-1979), the circulation of riel has increased remarkably, especially in the rural economy as the government has unleashed and implemented necessary measures to promote the usage of riel, a top official of the National Bank of Cambodia (NBC) said. The measures taken by the government include payment of civil servants’ […]
Read MoreRESIDENTIAL property owners in Singapore are poised to pay higher property taxes next year, with the annual values of both private and public housing rising in tandem with surging market rentals. Annual values (AV) of most residential properties will be revised upwards from Jan 1, 2023, as part of the Inland Revenue Authority of Singapore’s […]
Read MoreWith an investment of over USD 18 million, the Ministry of Public Security and a private printing company have signed a memorandum of understanding to develop an electronic border pass. The project between the Ministry of Public Security and Xokphaxay Printing Company Limited will work towards transforming a regular border pass into an electronic border […]
Read MoreThe Ministry of Industry and Trade (MOIT) fears the high level of rice imports and the failure to control imports will affect domestic production. In the draft decree to replace Decree 107/2018/ND-CP on rice trade and export, MOIT noted the imports of rice amid food price increases and Vietnam’s shift to higher-quality rice exports. Vietnam […]
Read MoreWASHINGTON, United States — IMF chief Kristalina Georgieva warned Thursday that the chance of global growth dropping below two percent — last seen during the coronavirus outbreak and the global financial crisis of 2009 — is increasing as major economies slow. Her comments come as the world’s biggest economies grapple with fallout from Russia’s invasion […]
Read MoreSINGAPORE: Higher inflation ate into Singaporeans’ take-home pay this year but real median income still grew at 2.1%, an improvement over 2021’s 0.9%. This year’s growth in real income – after adjusting for inflation – was nonetheless lower than the pre-Covid-19 average of 3.8% for the years 2014 to 2019, when inflation was lower, the […]
Read More
Thailand
