After several months of supervising Thailand’s digital asset market, the outgoing Securities and Exchange Commission (SEC) chief insists that the virtual asset class is suitable only for specialists and that setting a minimum standard is among the main pillars for bringing checks and balances to the digital sphere. The hype surrounding digital asset investment in 2017 […]
Read MoreBoeing Co. of the United States and other major international aircraft makers are moving to build manufacturing bases in Southeast Asia. Thailand and Malaysia are eager to attract industries from overseas, in the hope of developing their economies. This is presenting opportunities for small and midsized Japanese companies that manufacture airplane parts or provide other services to start operations in the […]
Read MoreThe Hanoitimes – Recent GDP calculations have not fully reflected Vietnam’s economic performance, due to the unavailable statistics of the informal economic sector. The inclusion of informal economic sector into GDP calculation is a necessary step to review Vietnam’s economic of scale and position the country’s development path, according to Prime Minister Nguyen Xuan Phuc. Recent […]
Read MoreThe Indonesian government is preparing a regulation to relax the value added tax (VAT) refund requirements for foreign tourists to support efforts to achieve this year’s target to attract 20 million tourist arrivals. “We have prepared a foreign ministerial regulation,” said Finance Ministry Taxation Director General Robert Pakpahan in Jakarta on Tuesday, adding that the new […]
Read MoreMANILA, Philippines — Local vehicle assemblers registered a 15 percent decline in sales in January from a year ago on continued weak demand for cars. The joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association Inc. (TMA) released yesterday showed total vehicle sales reached 26,888 units in January, down […]
Read MoreSINGAPORE (BLOOMBERG) – Private home prices in Singapore are unlikely to stage a rapid rebound after the government imposed further property curbs in mid-2018, the finance chief of the country’s largest developer said. “If we see a 5 per cent increase in home prices I think that will be a pretty good year for the […]
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Thailand
