PETALING JAYA: Malaysia has emerged as a clear winner in an in-depth analysis on potential beneficiaries of import substitution, as a result of the US-China trade war. A report by Nomura Global Markets Research analysed the 7,705 products included on the tariff lists, and estimated potential gains from import substitution for 13 Asian countries. It […]
Read MoreThailand’s ranking in the latest global survey on developing and attracting talent remains unchanged at 42nd out of 63 countries. The survey conducted by the IMD World Competitiveness Centre presents a ranking of 63 countries and economies according to their ability to develop, attract and retain talent. The ranking is based on countries’ performance in […]
Read MoreMyanmar is tuning up efforts to draw investments into the country. In Parliament Monday, the establishment of the new Ministry of Investment and Foreign Economic Relations was approved, paving the way for better coordination between related ministries and organisations on local and foreign investments and development projects implemented with foreign aid or loans. The newly […]
Read MoreLAST MONTH, the Revenue Department announced the introduction of a new headquarters tax regime called International Business Centre (IBC). The existing tax incentive regimes – International Headquarters (IHQ), Regional Operating Headquarters (ROH) and International Trading Centre (ITC) – as of October 10, 2018 are no longer available to new applicants. Current beneficiaries of these regimes […]
Read MoreMANILA, Philippines — Local farmers are poised to lose P60 billion every year with the Senate’s version of the rice tariffication bill, a much higher value than the supposed fund to be allocated to improve their competitiveness, a farmers group said. The Federation of Free Farmers (FFF) has decried the mangling of the Rice Competitiveness Enhancement Fund (RCEF) […]
Read MoreDespite the state planning agency painting a murky picture of exports, the Commerce Ministry remains resolute in its 8% growth forecast for this year and next. Banjongjitt Angsusingh, director-general of the ministry’s International Trade Promotion Department, said Tuesday that exports are relatively strong despite a 5.2% year-on-year decline in September. She predicted that exports would fetch […]
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