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Thailand: Simpler VAT refunds urged to boost sales

The government should let private operators run downtown VAT refund booths as part of the push to develop Thailand as a shopper’s paradise, says the head of the Thai Retailers Association (TRA).  The VAT refund services for tourists are available at certain department stores but remain limited, according to Worawoot Ounjai, the newly appointed TRA […]

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Singapore, Malaysia to sign agreement at 2pm today to defer high-speed rail project

SINGAPORE and Malaysia are set to sign an agreement to defer the high-speed rail(HSR) project on Wednesday afternoon. The 2pm signing will be witnessed by Singapore Deputy Prime Minister Teo Chee Hean, who is in Malaysia for a visit, as well as by Malaysian Prime Minister Mahathir Mohamad and Deputy Prime Minister Wan Azizah Wan Ismail. It will take place at the Prime Minister’s […]

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Vietnam economy sees bright outlook for 2018

The Hanoitimes – In addition to a bright outlook for the economy, the Ministry of Planning and Investment (MPI) pointed to a number of challenges to the economy, including trade wars between nations, geopolitical risks, growing trend of protectionism and nationalism. Vietnam is expected to maintain its growth momentum from last year, posting a bright economic […]

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