Consumer sentiment picked up for a second straight month in June, boosted by businesses reopening after the lockdown lapsed and the government’s relief and economic stimulus schemes. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index rose 49.2 in June from 48.2 in May and 47.2 in April. […]
Read MoreMiners in Indonesia, the world’s top coal exporting country, have decided to cut domestic production by 50 million tons this year in their bid to increase global coal prices, which have been falling during the health crisis. The Indonesian Coal Mining Association (APBI) has forecast coal production to fall short by 11 percent to 530 million […]
Read MoreThe government has issued a prakas (directive) on controlling and managing the use of construction mining resources and the revenue for any government infrastructure projects. The joint prakas by the Ministry of Economy and Finance (MEF) and the Ministry of Mines and Energy (MME) on “controlling and collecting royalty revenue from the resources”, dated June […]
Read MoreMANILA, Philippines — The government’s tax revenues saw an improvement last June, but still remained lower year-on-year in the first half amid the coronavirus disease 2019 or COVID-19 pandemic, the Department of Finance (DOF) reported yesterday. Citing preliminary data, DOF said the combined collections of the Bureau of Internal Revenue (BIR) and Bureau of Customs […]
Read MoreThe Hanoitimes – Inflationary pressure in the remaining six months would be insignificant as the oil prices are unlikely to surge, which is a result of a possible global economic recession. The government’s target of keeping the inflation around 4% this year would be feasible if the monthly consumer price index (CPI), the main gauge of […]
Read MoreKUALA LUMPUR, July 3 — According to an online poll conducted by the Credit Counselling and Debt Management Agency (AKPK), 88 per cent or 1,648 of 1,873 respondents, opted for the deferment of financial repayments under the moratorium introduced by Bank Negara. AKPK Financial Education Department, Module Development Unit head, Nirmala Supramaniam said a survey […]
Read More
Thailand
