Paying tax is a bitter pill to swallow for most people, with many Thais opting to invest in long-term equity funds (LTFs) for the tax deduction on annual income. But such tax privileges will soon disappear because financial regulators no longer want to spoil the upper and middle classes with a generous treat and risk […]
Read MoreIn the bay of Kompong Som of the Cambodian coast facing the Gulf of Thailand, sits state-owned Sihanoukville Autonomous Port (PAS), biding its time for year-on-year top and bottom line container throughput growth, and diversification plans to stave off external headwinds. The port, which handles 70 percent of Cambodia’s import and export market via three […]
Read MoreThe Hanoitimes – Productivity and technology spillover effects from FDI enterprises to locals have remained far from the desired, according to VnExpress. Thirty years since Vietnam opened up its economy to foreign investment, the lack of linkage between domestic and foreign enterprises remains a major issue as the country continue to attract FDI for economic development, […]
Read MoreMORE than 33,000 small and medium-sized enterprises (SMEs) in Singapore can stand to gain from the new wholesale trade industry digital plan (IDP) launched on Monday by Senior Minister of State for Trade and Industry Koh Poh Koon during his visit to SATS BRF Food. The IDP is a guide to help wholesale trade SMEs […]
Read MoreMANILA, Philippines — The monetary tightening cycle of the Bangko Sentral ng Pilipinas (BSP) to check rising inflation may take its toll on the country’s economic growth until next year, according to S&P Global Ratings. In a report, S&P said the BSP decision to raise interest rates by 175 basis points in five consecutive rate-setting […]
Read MoreAs part of the key strategy to expand businesses within AEC+3, KBank is now ready to tap into Lao PDR through numerous services and local partnership arrangements, the company said in a press release issued on Friday. For 2019, targets have been set to bolster loans to Bt3 billion, deposits to Bt2 billion and trade […]
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Thailand
