Even as liquor producers are still struggling to recover from the impact of the market limitation that has been enforced since 2015, they question the government policy to increase the excise tax for the products, which they fear would further burden the industry. The Indonesian Malt Beverage Industry Association (GIMMI) reported that the sales of […]
Read MoreCheap Sour, the director-general of the General Department of Petroleum at the Ministry of Mines and Energy, said Cambodia will be ready to commercially produce oil in early 2020, while exportation may also be in the pipeline in the future. “Once crude oil is pumped into the refinery, the next step will be the sale […]
Read MoreThailand’s central bank is expected on Wednesday to hike its key interest rate from near-record lows for the first time in more than seven years, a Reuters poll survey showed. An increase would reflect how policymakers are wary of financial risks and would give them some room to cut the benchmark later if global economic […]
Read MoreA full 97% of Thailand’s Generation Z, aged 16-23, are eager to work with cutting-edge technology in future careers, higher than the global and Southeast Asian averages, according to a survey by Dell Technologies. “In 2019, Gen Z, who were born after 1996, will graduate and enter the labour force, making up 20% of the workforce […]
Read MoreBUSINESS confidence among local companies moderated significantly for the first quarter (Q1) of next year, weakening for the second straight quarter. This is according to the latest quarterly Singapore Commercial Credit Bureau’s (SCCB) Business Optimism Index released on Tuesday. The overall index eased from +9.19 percentage points in Q4 2018, to +7.19 percentage points for Q1 2019. However, compared to a year […]
Read MoreThe Hanoitimes – The Vietnamese business environment can be improved by increasing productivity as well as reducing costs and business risks. The government should further improve the country’s business environment to make it more stable, transparent and attractive to investors, especially in the context that many firms are considering relocating their production bases from China to […]
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Thailand
