Many transportation firms are struggling to keep the business afloat and retain passengers at the same time. Petroleum prices surpassed an eight-year high of VND25,000 per liter (US$1.10), which pile up further hardship for businesses and people that are still struggling to recover from the pandemic impacts. Le Van Hien (Hanoi), a taxi driver at […]
Read MoreThe Finance Ministry is expected to propose cutting the excise tax on diesel to the cabinet on Tuesday, in a bid to ease the impact on the cost of transport, a ministry source said on Monday. Finance Minister Arkhom Termpittayapaisith and Energy Minister Supattanapong Punmeechaow had discussed the proposal, as high oil prices are affecting […]
Read MoreMANILA, Philippines — Stocks bounced back yesterday, bucking the downtrend in Asia, as an expected loosening of COVID restrictions and a likely retention of the central bank’s policy rates outweighed geopolitical risks overseas. “The index recouped its losses from last Friday’s selloff after Bangko Sentral ng Pilipinas Governor Benjamin Diokno reaffirmed that the BSP will […]
Read MoreThe opening of a new international border between Cambodia and Thailand is expected to further enhance trade and tourism cooperation between the two countries. Experts believe that the opening of Thmar Da International Border will open up a special economic zone through domestic and international travels besides enabling trading between the two countries. Thmar Da […]
Read MoreGrab, ShopeeFood, Baemin and Gojek are sharing the Vietnamese online food delivery market, which is becoming more attractive amid the pandemic. The pandemic has changed many habits of Vietnamese consumers. Food delivery services have become increasingly popular, especially the mobile delivery applications. A report updating trends in the past 12 months on the popularity of […]
Read MoreHigh inflation expected to last for the first half of 2022 is disproportionally affecting low-income workers, service staff and the self-employed, the Bank of Thailand (BOT) said on Sunday. Inflation in January stood at 3.23 per cent as the price of oil and products such as pork rose in line with higher demand, said bank […]
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