Philippines House bill seeks VAT exemption for basic goods
The bill specifies includes bread, canned pork, beef, fish, and instant noodles following items to be excluded from VAT,
ECONOMIC AFFAIRS
Indonesia proposes ‘triple intervention’ to prevent global food crisis
Agriculture Minister Syahrul Yasin Limpo also said the G-20 was committed to guaranteeing continued food production.
Looming ‘Great Resignation’ wave fizzles out in South-east Asia as job security takes priority: Survey
Hiring new talent, however is expected to remain challenging in South-east Asia, including in Thailand.
IMF warns ‘worst is yet to come’ for world economy
Inflation is expected to peak later this year and decline from 8.8 per cent in 2022 to 6.5 per cent in 2023.
Work together to overcome slowdown: Bangladesh PM
She also reiterated that the country never wants a war with any country, rather wants peace.
S’pore looking at more measures to address income inequality: DPM Wong
While significant moves have been made to reduce income inequality and sustain social mobility, more can be done, said Mr Wong.
Rising inflation poses challenge to Vietnamese businesses
Experts added that the risk of importing inflation is obvious due to rising global energy and commodity prices, which could cause a sharp downturn in global demand.
South Korea urged to join race for foreign talent: Report
According to a report, highly-skilled workers only made up 10 per cent of employment visas granted to 406,669 foreigners in 2021.
How the Pakistan ‘tamed’ dollar, inflation in one fell swoop
The current regime has come under fire in recent days over alleged manipulation of inflation data, which had been hovering around record highs.
Soaring food prices force Koreans to scrimp on eating out
Eating out costs rose by a whopping 9 per cent in September 2022, the highest since July 1992.