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Thailand: Foreign tourist arrivals hit 3.13m in Aug

A total of 3.13 million international tourists visited the country in August, an 8.66% increase from the same month last year, said Pongpanu Svetarundra, Permanent Secretary of Ministry of Tourism and Sports. Most visitors came from East Asia, Europe, South Asia, the Middle East, the Americas, Oceania and Africa – in that order – with […]

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Malaysia: Taxing the digital economy

KUALA LUMPUR: The Royal Malaysian Customs Department plans to amend the goods and services tax (GST) Act to enable the Government to collect taxes from foreign companies operating in Malaysia under the digital economy. According to Customs Department director-general Datuk Seri Subromaniam Tholasy, the amendments will allow the Government to tap a segment that is […]

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Vietnam aims to narrow trade deficit with Thailand

HANOI – Improving the quality of domestically-produced goods is critical for Vietnam to compete with imported products and narrow the trade deficit with Thailand, according to the Ministry of Industry and Trade (MoIT). Statistics from the ministry’s Department of Asia and Africa Markets showed that Vietnam ran a trade deficit of US$3.5 billion with Thailand […]

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Singapore electronics manufacturing sector a bright spot for jobs, says NTUC leader

THE electronics manufacturing sector is a bright spot for jobs amid rapid technological development and greater consumer demand for devices and gadgets, said NTUC assistant secretary-general Patrick Tay in a Facebook post on Tuesday. Mr Tay, also the director of future jobs, skills and training (FJST) department, said that the electronics manufacturing sector employs 68,000 […]

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