The government plans to introduce an excise on plastic in May to reduce the use of the material. The Finance Ministry’s customs and excise director general, Heru Pambudi, said in Jakarta on Monday that a draft of a government regulation was being discussed by the relevant government agencies. “An interministerial committee tasked with drafting the […]
Read MoreThe Hanoitimes – National flag carrier Vietnam Airlines and AFI KLM E&M have signed a long term flight hour support contract covering the GEnx engines equipping the Vietnamese flag carrier’s fleet of Boeing 787s, which will grow to 19 Aircraft by 2021. The signing ceremony was witnessed by General Secretary of the Communist Party of Vietnam […]
Read MoreSome high-end cars are looking a little cheaper following a reduction in taxes on special goods under the new 2018 Union Tax Law, which was signed into legislation on March 20. Under the new law, the Special Goods Tax has been halved to 10 percent from 20pc last year. Falling under that category are cars […]
Read MoreMANILA, Philippines — The country’s net oil import rose by nearly a third in 2017 due to higher volume and import cost, Department of Energy (DOE) data showed. The net import bill, or the difference between oil imports and exports, amounted to $8.92 billion last year, up 29.5 percent from $6.89 billion in 2016, the […]
Read MoreThe merger between Grab and Uber is driving market concentration to monopoly levels, underlying the urgency of regulations that legalise and keep in check ride-sharing service in Thailand, say industry and research analysts. Sumet Ongkittikul, research director for transport and logistics policy at the Thailand Development Research Institute (TDRI), said the consolidation of ride-hailing firms in Southeast […]
Read MoreThe Federation of Thailand Industries (FTI) has teamed up with Total Access Communication (DTAC) and Siam Commercial Bank to promote small and medium-sized enterprises (SMEs) to promote the e-commerce channel — CloudCommerce. CloudCommerce is a one-stop solution for cross-border e-commerce. The channel aims to help sellers unlock the potential of global markets by connecting with other popular […]
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