KUALA LUMPUR: Malaysia could extend new tax incentives for foreign investment in areas such as technology if companies promise to create better-paid jobs for Malaysians, Prime Minister Mahathir Mohamad said on Tuesday. His comments could reassure investors in Southeast Asia’s third biggest economy after Mahathir started a review of major projects sanctioned by former premier […]
Read MoreCYBER security threats could potentially cost the Thai economy Bt286 billion, equating to 2.2 per cent of total gross domestic products (GDP), a study has found. Overall, attacks by cyber criminals are set to cost organisations in the Asia Pacific US$1.75 trillion in economic losses – more than 7 per cent of the region’s GDP, […]
Read MoreThe Hanoitimes – Foreign firms have been increasing investment in Vietnam’s textile and garment industry to enjoy free trade agreements and low labor costs. According to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang, more than 2,000 foreign businesses from 16 countries and territories worldwide have invested some US$15.75 billion in Vietnam’s […]
Read MoreThe retail industry bases its success on giving consumers a choice — and malls and “big-box” stores have thrived based on this desire for “options”. As retailers introduce more options, consumers have responded by embracing the new, and yet keeping the old. Today’s shoppers fully expect to move seamlessly between a store’s physical and digital channels […]
Read MoreIn a bid to increase transparency between businesses and their customers in the tourism industry, the government has issued a directive regulating the use of service fees. The new directive stipulates that hotels, guesthouses and restaurants that charge clients a service fee must possess a valid business license and a certificate of quality issued by […]
Read MoreTraders engaged in the export of goods to the European Union, Norway, Switzerland and Turkey will be able to apply for customs relief under the Generalised System of Preferences (GSP) at the Ministry of Commerce (MOC). The GSP is a US trade program designed to promote economic growth in the developing world by providing preferential […]
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Thailand
