The regulations on defining a localization ratio for automobile products are out of date, according to experts. The Ministry of Science and Technology (MST) has submitted to the Government a plan on abrogating some legal documents related to the methods of calculating automobile localization ratios and imported car parts. To implement the strategy on developing […]
Read MoreThe Tourism and Sports Ministry will reduce the budget for the “Tour Teaw Thai” tour package subsidy programme, while slashing the scheme’s projected tour packages from a million to 200,000 amid weak demand. “After three months of implementation, the measure has proved ineffective in driving domestic trips or serving tourists’ demand as very few packages […]
Read MoreThailand’s baht rose on Tuesday on hopes that the tourism-reliant country waives quarantine for vaccinated visitors again, while its emerging market peers gained on a US dollar unperturbed by a rise in Treasury yields. Treasuries rose along the curve during Asia hours, with two-year yields, which track short-term rate expectations, crossing 1% for the first […]
Read MoreMANILA, Philippines — The government yesterday borrowed another P15 billion from the domestic market through the sale of Treasury bills. The T-bill auction fetched P77.675 billion in total tenders, oversubscribing the offer by more than five times. National Treasurer Rosalia de Leon said rates across all tenors plunged, reflecting the inflation downtrend for four consecutive […]
Read MoreIndonesian President Joko Widodo has agreed to extend luxury tax exemption on low-cost cars until the end of this quarter, Coordinating Minister for Economic Affairs Airlangga Hartarto has said. Jakarta (VNA) – Indonesian President Joko Widodo has agreed to extend luxury tax exemption on low-cost cars until the end of this quarter, Coordinating Minister for Economic […]
Read MoreThe Kingdom exported 2,793,729.92 tonnes of cassava in 2021, up by nearly 22.1 per cent from a year earlier, as industry players note that domestic wholesale prices of the tubers remain elevated compared with average 2020 rates. Analysed by category, the Kingdom shipped out 1,644,591.68 tonnes of dried cassava (up 8.45 per cent year-on-year), 1,104,220 […]
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Thailand
