Group to invest bt4 bn to whet the country’s growing appetite for beverages The TCP Group will invest Bt4 billion in Vietnam in the next three years to boost its marketing capabilities. The group opened its first wholly-owned overseas office in Vietnam “TCPVN Company Limited” earlier this year, and plans to invest heavily in market […]
Read MoreRe: “Seniors benefiting from ‘Time Bank’ helpers”, Around Thailand, November 19. I praise the government’s Department of Older Persons for setting up the “Time Bank” project, which could benefit generations of home-bound senior citizens as our society ages. Individual volunteers earn one point for every hour of service, to be redeemed for the same amount […]
Read MoreMANILA, Philippines — The Bureau of Customs (BOC) is implementing early next year a fuel marking and monitoring scheme to help prevent the smuggling of oil into the country. In a statement released over the weekend, the BOC said the fuel marking system, as provided under the Tax Reform for Acceleration and Inclusion (TRAIN) Law, is expected to go full […]
Read MoreSINGAPORE – Singapore’s headline inflation was unchanged in October from September, as private road transport costs again shrank year on year, but climbing electricity and gas prices are still putting the squeeze on consumers. The consumer price index (CPI), which measures the cost increase for all items, saw 0.7 per cent year-on-year price growth for the […]
Read MoreThe government plans to announce a revision to its tax holiday policy next week that will expand eligibility for the fiscal incentive. The revised regulation will include industries with investment value of less than Rp 100 billion. “With the expanded policy, we’ll integrate incentives for all pioneer industries,” said the Office of the Coordinating Economic Minister’s macroeconomic and finance coordination undersecretary, […]
Read MoreCountries across Asean are experiencing rapid economic growth, and the associated improvements to the standard of living are conspicuous. Increasing trade means increasing wages — and wage growth is integral to the growth of regional economies. But maintaining a strong economy is a balancing act: if wage growth is too slow, the relative purchasing power […]
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Thailand
