Total domestic car sales are expected to rise for the first time in five years in 2017, by 4.06 percent to 800,000 units, Toyota Motor Corp’s Thai unit said on Tuesday, citing new models and strong government spending among factors. Toyota, which commands about a third of the Thai market, predicted its own 2017 auto […]
Read MoreThe Ministry of Agriculture and Rural Development has issued regulations to tighten the import of antibiotics to prevent misuse of the substances in breeding of sea animals. Accordingly, antibiotics importers are only licensed to import antibiotic materials to produce veterinary medicines that are granted certificates for circulation in the market or listed as permissible in […]
Read MoreThe Cambodian government is close to establishing a bond market in a bid to raise more funds from domestic sources and move away from dependency on foreign aid, a senior official at the Ministry of Economy and Finance said last week. “We cannot heavily depend on external debt which is very dangerous, so it is […]
Read MoreIndonesia has so far seen more than 600,000 taxpayers join its tax amnesty programme, generating US$8 billion from the first two phases of the programme. Indonesia has entered the third phase of its tax amnesty programme, which was first launched in July 2016 to boost the country’s meagre revenue by collecting previously unreported funds hidden […]
Read MoreMyanmar’s economy will recover from a 2016 slump to expand at over 7 percent for next three years, according to a new World Bank review. But the path is still replete with risks, and many of the imbalances that plague the economy are getting worse. Like the IMF, which lowered its estimate in October, the […]
Read MoreFavourable transport infrastructure and the beautiful landscape are expected to boost tourism in the northern port city of Hai Phong. Cat Bi International Airport and the Hanoi-Hai Phong expressway, which were put into service in early 2016, have helped reduce travel time from Hanoi to Hai Phong. Direct flights between Hai Phong and countries such […]
Read More
Thailand
