THE GOVERNMENT plans to upgrade the efficiency of doing business in the country so that the Kingdom is in the world’s top 20 in this area by May. Deputy Commerce Minister Sontirat Sontijirawong said that the Business Development Department would this year modernise its work and its role as a regulator so more business can […]
Read MoreHANOI – Vietnam expects to achieve US$3 billion as its total export value of vegetables and fruits this year, exceeding the vegetable and fruit industry’s target of $2.4 billion. “After many years of export value under $1 billion, in recent years, the export value has made a breakthrough, which is why it was able to […]
Read MoreBANGKOK: Thailand’s parliament on Friday approved an additional 190 billion baht (RM23.85bil) in public spending this fiscal year, aimed at improving growth outside its capital, as the military government tries to stimulate a sluggish economy. The majority of the additional budget, 115 billion baht (RM14.44bil), will go into funding local initiative projects, according to an […]
Read MoreCROSS-border taxation in current times is poised for significant changes. Tax is key in foreign ventures. Absent tax strategies and foreign tax leakages would erode margins and return of investment. Although international tax-efficient strategies to mitigate capital gains tax (CGT), withholding tax (WHT) and the risk of creating a taxable presence (also known as permanent […]
Read MoreBritain and Thailand are committed to moving ahead with a bilateral free-trade pact and have agreed to set up a joint committee to work out the details. Deputy Prime Minister Somkid Jatusripitak, who last Friday met Alok Sharma, Britain’s minister for Asia and the Pacific, said the two countries proposed speeding up trade talks and […]
Read MoreThe Greater Mekong Subregion has become a magnet for manufacturing FDI while bucking a global slowdown in trade. The Post’s Kali Kotoski sat down with Eugenia Victorino, South and Southeast Asia economist for ANZ, to talk about the region’s long-term economic outlook. What potential for growth do you see in the Greater Mekong Subregion (GMS)? […]
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