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Thailand: Prayut wants tax breaks renewed

Prime Minister Prayut Chan-o-cha on Tuesday ordered the Finance Ministry to prepare tax breaks for year-end shopping to stimulate consumption. The shopping tax incentives, which allow each individual taxpayer to deduct the value of domestic purchases of goods and services worth up to 15,000 baht from personal income taxes, should be renewed to boost domestic […]

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Myanmar: Mandalay modernises chamber in bid to draw investments

THE business chamber in Mandalay, Myanmar’s northern economic hub, is undertaking modernisation through a partnership programme with a regional chamber of commerce in Germany.   The German IHK Reutlingen (Industrie und Handelskammer Reutlingen) is currently undertaking a three-year agreement with the Mandalay Region Chamber of Commerce and Industry (MRCCI) to restructure the latter and modernise […]

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Thailand: September factory output rises 4.21% y-o-y

Thailand’s industrial output rose for a third straight month in September on an annual basis, beating forecasts, helped by higher production of automobiles, rubber and electronics, showing the economy is growing steadily. The manufacturing production index (MPI) in September increased 4.21% from a year earlier, the Industry Ministry said on Tuesday. The median forecast in […]

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