KUALA LUMPUR : Malaysia’s current account surplus widened to 15.2 billion ringgit ($3.63 billion) in the fourth quarter, from 11.6 billion ringgit in the third quarter, the Department of Statistics said on Friday. Portfolio investment saw a net inflow of 2.8 billion ringgit, compared with an outflow of 4.3 billion ringgit in the previous quarter. […]
Read MoreThe collection of a tourism fee from foreign visitors will be delayed by at least two months from the scheduled date of April 1 as payment methods have not yet been concluded. Tourism operators had bemoaned the collection of the 300-baht fee as untimely, given the industry’s weak recovery from the pandemic. Tourism and Sports […]
Read MoreThe benefits of the Regional Comprehensive Economic Partnership (RCEP) was discussed threadbare during ‘Unpacking the RCEP Agreement’ an online meeting yesterday. Sim Sokheng, Secretary of State of the Ministry of Commerce, opened the online event organised by ERIA, Economic Research Institute for ASEAN and East Asia, to discuss the Rules Of Origin (ROO) that determines […]
Read MoreEnterprises which deliberately delay the reduction of the value added tax (VAT) from 10% to 8% will face heavy sanctions, according to the General Department of Taxation. The general department has sent a dispatch to localities urging the application of the VAT reduction as required by the National Assembly and the Government. At present, many […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) almost doubled to a four-month high in November, resulting in a 52.5 percent increase during the 11-month period last year, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said FDI inflow went up to $1.09 billion in November from $599 million […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia predicts higher economic growth in 2022. The central bank estimated the domestic economy to grow up to 5.5 percent this year, higher than 2021’s 4.7 percent. Bank Indonesia Governor Perry Warjiyo, said that the outlook is based on the support from vaccine rollout acceleration and the expanding reopening of economic activities. “As well as the continued […]
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Thailand
