The Hanoitimes – Vietnamese fashion market has allured many foreign brands and some of which have decided to acquire local clothing companies to enable them enter the potential market as soon as possible. Japanese global apparel retailer Uniqlo last week took a step closer to opening its first store in Vietnam next year as planned by […]
Read MoreGLOBAL trade tensions and property cooling measures in Singapore have taken their toll on fourth-quarter business sentiment in the manufacturing and services sectors, according to separate updates from the Economic Development Board (EDB) and the Department of Statistics (SingStat) on Wednesday. A net weighted balance of 3 per cent of services sector firms expects the […]
Read MoreSTANDARD Chartered Bank (Thailand) expects the Bank of Thailand (BOT) to start monetary policy normalisation and increase the interest rate by 25 basis points (bps) , from 1.50 per cent to 1.75 per cent, in November. However, due to current concerns about the pace of the baht’s appreciation, Standard Chartered Bank expects no further rate […]
Read MoreRECENTLY, there has been much discussion about reforming or modernising Malaysia’s tax framework to fit the nation’s requirements in the 21st century. Increasingly complex business transactions, rising cross border transactions, new ways of doing business, speed of change and technological developments – all these are contributing to the demand for a tax framework that is agile and able […]
Read MoreMANILA, Philippines — Excise tax collections from alcohol and tobacco products of the Bureau of Internal Revenue (BIR) both exceeded their respective targets in the first nine months, according to the Department of Finance (DOF). In an interview, Finance Undersecretary Antonette Tionko said the government’s alcohol excise tax collection from January to September amounted to […]
Read MoreAt a liquor store in downtown Yangon, bottles of whisky and wine are on display. Upon closer inspection, one soon notices that wines from Argentina to New Zealand are for sale, but only whiskies made locally are available. “Foreign liquors are not on display because we are not allowed to sell them,” the sales assistant […]
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Thailand
