The Federation of Thai Industries (FTI) is calling on the government to extend the diesel excise tax reduction for another three months to slow soaring energy prices and give businesses and households more time to adjust to higher manufacturing and living costs. The government previously agreed to halve the tax usually levied at 5.99 baht […]
Read MoreMyanmar’s central bank has announced a broad exemption of foreign entities from a controversial new policy requiring foreign exchange to be converted into local currency, a rule that triggered panic among business groups and residents. The exemption, dated April 20, includes companies with approved foreign investments, firms in special economic zones, international non-government organisations, diplomats, […]
Read MoreSince the Laos-China Railway became operational, more people in Laos have travelled around the country, and to Luang Prabang in particular, with more than 67,000 domestic visitors recorded as having spent time in the tourist hotspot in the first three months of this year. This number is an increase of 74 percent compared to the […]
Read MoreMANILA, Philippines — The Philippines is expected to be the second worst hit among emerging markets (EMs) as the Russia-Ukraine war continues to reverberate through commodity price shocks and heightened inflationary pressures. In its latest research brief, Oxford Economics said the Philippines ranked second out of 21 EMs in terms of commodity shock from the […]
Read MoreExports rose a much faster than expected 19.5% in March from a year earlier, boosted by surging shipments of gold and electronics, Customs Department data showed on Friday. That compares with a forecast for a rise of 2.4% in March in a Reuters poll and February’s 16.2% increase. Imports rose 18% year-on-year in March, also […]
Read MoreTHAILAND will scrap a mandatory Covid test on arrival as the South-east Asian nation rolls back some of the pandemic-era measures seen as deterring global tourists. The RT-PCR tests will be replaced with a voluntary self-administered antigen tests for those entering via air and land borders from May 1, Taweesilp Visanuyothin, a spokesman for the […]
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