Several oil refiners in Asia were taken aback by Saudi Arabia’s pledge to curb 1 million barrels a day of supplies from next month even as they planned for maintenance that will trim demand.
S. Korea has ‘no plans’ to raise fuel taxes, cut inheritance tax
South Korea’s Finance Ministry said Wednesday that it has no plans to raise taxes on gasoline and diesel this year, despite its vows to go carbon neutral by 2050, and hinted that it will likely …
S. Korea has ‘no plans’ to raise fuel taxes, cut inheritance tax
South Korea’s Finance Ministry said Wednesday that it has no plans to raise taxes on gasoline and diesel this year, despite its vows to go carbon neutral by 2050, and hinted that it will likely …
Ministry of Finance signs $3 bln financing deal with Korean firm
Signing of the agreement The Ministry of Finance (MoF), represented by the National Debt Management Center (NDMC), signed a long-term financi …
Thailand to offer financial support to 40 million COVID-19 affected people
Thai Prime Minister Prayut Chan-o-cha has said that the country will give financial support to 40 million people who have lost their income due to impacts of COVID-19 pandemic prevention and control …
Thailand to offer financial support to 40 million COVID-19 affected people
Thai Prime Minister Prayut Chan-o-cha has said that the country will give financial support to 40 million people who have lost their income due to impacts of COVID-19 pandemic prevention and control …
How the pandemic and dollarisation have deepened Turkey’s economic crisis
The abundant global dollar liquidity created by low US interest rates implied easy access to foreign exchange for emerging-market banks, including lower borrowing costs. However, this hasn’t …
Philippines must prepare for future shocks – Diokno
The Philippines need to harness significant lessons from the pandemic to prepare for future shocks, according to BSP Governor Benjamin Diokno.
ECP’s political finance wing fails to submit report
ECP failed to submit an investigative report into the financial statements of the political parties and sought more time for the purpose.
UPDATE 1-Indonesia 2020 fiscal gap slightly better than expected 6.09% of GDP
Unaudited 2020 fiscal deficit at 6.09% of GDP * Target to lower deficit to under 3% by 2023 remains (Adds details, quotes) JAKARTA, Jan 6 (Reuters) – Indonesia’s fiscal deficit in 2020 is seen at 6.09 …