Thailand is considering applying to join the 11-nation trade deal that was initiated by ex-president Obama but abandoned by President Donald Trump on his first day in office. Negotiations over the deal were concluded in January by the countries — Singapore, Brunei, Malaysia, Vietnam, Australia, Mexico, Canada, Peru, Chile, Japan and New Zealand — who […]
Read MoreKUALA LUMPUR: The sale of vehicles increased in all Asean countries except Malaysia and Brunei last year. Total sales in Malaysia fell by 3,450 units to 576,635 from 580,085 in 2016, according to the Asean Automotive Federation (AAF). The Edge Markets quoted the AAF as saying Brunei sold 15% less in 2017 at 11,209 units. […]
Read MoreSINGAPORE: Currently the sixth-largest economy in the world and projected to be the fourth-largest by 2030, ASEAN’s potential has “yet to be fully realised”, said Minister for Trade and Industry (Trade) Lim Hng Kiang on Thursday (Mar 1). “With our young population, growing middle class and rapidly increasing urbanisation, ASEAN’s potential has yet to be fully […]
Read MoreThe Hanoitimes – Binh Son Refinery and Petrochemical (BSR) made its debut on the Unlisted Public Company Market (UPCoM) on March 1, revealing the name of its two strategic investors at the event. As of present, 02 investors have registered to become strategic investors for BSR, namely Vietnam National Petroleum Group (Petrolimex) and Indian Oil Corp […]
Read MoreCOMMERCIAL bankers forecast only a slight depreciation of the baht despite market expectations of as many four rises in US interest rates this year. They also expect the Thai policy rate to hold steady at 1.5 per cent for the rest of this year. Jitipol Puksamatanan, a market strategist at Krungthai Bank (KTB), said that this […]
Read MoreParliament has suggested imposing taxes on three categories of income not included in the 2018 Union Tax Bill submitted by the government. The government had proposed levying a 3 percent tax on income not included in the bill that was submitted within the first half of the fiscal year and 5pc for income submitted within […]
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