Cambodia and Thailand have agreed to promote the use of single visa for foreign tourits, particularly among those traveling within the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) countries. In the second Cambodia-Thailand tourism Ministers meeting held in Kampot, the two sides said they planned to bring up the idea of using ACMECS single visa for foreign tourists […]
Read MoreKUALA LUMPUR: Despite recording a moderate gross domestic product (GDP) growth of 4.4% in the third quarter (Q3) of this year, analysts and economists remain confident of Malaysia’s future prospects, suggesting that domestic demand and the private sector will be the key drivers of economic growth, going forward. On Friday, Bank Negara announced that the country’s GDP stood […]
Read MoreThe rumblings of a currency crisis are being heard in emerging markets and are only getting louder. Argentina’s Central Bank raised interest rates to 40 per cent to protect its peso in May 2018. When this did little to help, Argentina took out a US$50 billion credit line from the International Monetary Fund (IMF). Turkey stated in […]
Read MoreDeputy Finance Minister Wisudhi Srisuphan has hailed the bill on land and buildings tax, which is on the verge of sailing through the National Legislative Assembly (NLA), as a significant overhaul of the tax structure. Mr Wisudhi said that once the bill becomes law, it will help boost effective use of land and inject more money […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) jumped 8.3 per cent in October over a year ago, extending September’s 8.1 per cent rise – thanks to an increase in non-electronic NODX which overweighed a continued dip in electronic domestic exports. Non-electronic NODX grew 12.8 per cent after rising 11.8 per cent in the previous month, while electronic […]
Read MoreThe average salary increase across industries in Thailand is expected to rise slightly from 5.2 per cent to 5.3 per cent in 2019, according to the Total Compensation Measurement (TCM) Study and Benefit Survey 2018, conducted by Aon Plc, a global services firm providing a broad range of risk, retirement, and health solutions. Companies in […]
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