A decline in local automotive and oil sales has affected the Excise Department’s revenue collection, said director-general Lavaron Sangsnit. He said a shortage of semiconductor chips, a key component for vehicles, has affected domestic car sales and in turn excise tax collection. Domestic fuel consumption has also dipped, in line with the country’s weakening economy. […]
Read MoreMANILA, Philippines — Local factories were on a roll in June, as they posted triple-digit output growth for the third straight month mainly due to help from a low base. But new lockdowns meant to curb the spread of Delta variant are posing a big threat to recovery. What’s new The Philippine Statistic Authority’s monthly […]
Read MoreMany Thai consumers are spending more, even as the difficult economic conditions caused by the third wave of Covid-19 bring more stress and unhappiness, a new consumer survey shows. Most consumers are stocking up on essential goods, particularly food and necessities, as they remain largely housebound, whether because of lockdown orders or fear of contracting […]
Read MoreThe pandemic drove the country’s unemployment rate up to 1.96% in the first quarter, the highest level in five years, while the IT sector saw the highest number of job postings compared with other industries in the first half of this year, according to job search platform JobsDB. “Thailand’s unemployment rate in the first quarter […]
Read MoreMORE Singapore business leaders are in favour of flexible work compared with their global counterparts, putting them on the same page as “born digital” employees who indicate a preference for such flexibility. Nearly eight in 10 (78 per cent) of Singapore business leaders indicated they are in favour of flexible work, compared with just half […]
Read MoreExpansion of home delivery and promotion programmes are opening up chances for food and beverage enterprises this year, but transportation disruption for the non-essential sector will continue to narrow the door. As more consumers comply with stay-at-home and social distancing orders, food and beverage (F&B) enterprises have launched home delivery and promotion programmes to attract […]
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Thailand
