FIRMS here are gloomier about the business outlook for the six months to next March, according to official quarterly polls out on Wednesday. Sentiment has worsened in both the manufacturing and services sectors, and economy watchers said the trend could point to a slowdown next year. A net weighted balance of one per cent of […]
Read MoreThe Hanoitimes – Starting on October 12, Vietnam has accepted payment in the Vietnamese dong (VND), Chinese yuan (CNY), or fully convertible currencies for overland trade activities with China. The State Bank of Vietnam (SBV)’s Circular No.19 allowing the CNY payment for border trade activities between Vietnam and China does not contradict Vietnam’s Constitution, regulations set […]
Read MoreMANILA, Philippines — Manila and Beijing are expected to close financing deals on two big-ticket infrastructure projects during Chinese President Xi Jinping’s visit to the country this November, the Department of Budget and Management (DBM) said yesterday. In a press briefing, Budget Secretary Benjamin Diokno said the government is preparing to sign with China the […]
Read MoreCYBERJAYA: The new tax which will be announced in the 2019 Budget tomorrow will not be a burden to the people, said Deputy Finance Minister Datuk Amiruddin Hamzah. He said the introduction of the new tax was proposed by the Tax Reform Committee which was established to look into the appropriate actions to be taken […]
Read MoreCambodia’s garment industry saw 69 new factories open in the first nine months of this year. But 32 others closed during the period, said a Ministry of Industry and Handicraft report. Ministry spokesman Oum Sotha who voiced no concern over the possible removal of Cambodia from the EU’s Everything But Arms (EBA) preferential trade scheme, […]
Read MoreA new taxi service with a flat monthly charge of up to 12,000 baht for unlimited trips will be launched in Bangkok next year in response to delays in official fare increases. Worapol Kaemkhunthod, president of the Professional Association of Public Taxi Motorists, said commuters who sign up would pay between 6,500 and 12,000 baht […]
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Thailand
