The Office of Agricultural Economics (OAE) has reported that for the first quarter of this year, Thailand had a trade surplus with other Asean countries of 53.24 billion baht ($1.67 billion), an increase of 0.02 per cent. The country’s major agricultural exports are fish, rice, fruit and rubber. Noting the increased competition from Vietnam, the […]
Read MoreThe Royal Government of Cambodia has decided to exempt the 1% withholding tax for all enterprises as an encouragement and incentive for all investors in the country. The decision was announced in a press release of the Ministry of Economy and Finance made public yesterday evening. According to the same source, the announcement followed […]
Read MoreThe Hanoitimes – Phones and parts recorded the highest export turnover of US$19.9 billion during the five-month period, accounting for 19.7% of total exports and up 3% year-on-year. Vietnam reported an estimated trade deficit of US$1.3 billion in May, leading to a deficit of US$548 million in the five months period while the country had an […]
Read MoreTOKYO (AFP) – East Asia should consider a common regional trading currency based on gold to promote commerce, and free the region from relying on dollar transactions, Malaysia’s prime minister said yesterday. Tun Dr Mahathir Mohamad said the proposed currency could be used for regional trade, but would not replace national currencies for use at the […]
Read MoreYANGON, May 30 (Xinhua) — Myanmar Investment Commission (MIC) on Thursday permitted six investment projects from both home and abroad, according to the Directorate of Investment and Company Administration (DICA). The commission’s meeting led by Chairman U Thaung Tun approved six projects worth 28.62 million U.S. dollars and 106.4 billion kyats (69.6 million U.S. dollars). […]
Read MoreThe Hanoitimes – Vietnam`s real estate sector remains a promising land for investors as Hanoi and Ho Chi Minh City are undergoing rapid transformations, continuing to catch regional peers. There are a number of reasons indicating how fast Vietnamese economy has grown in the recent years and how dynamic the real estate market has been over […]
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Thailand
