SINGAPORE: Singapore’s electronics exports slumped in March by the most since 2013, an ominous sign that it will take longer for the city state to shake off a regional demand slowdown from earlier this year. Electronics shipments dropped 26.7 percent from a year ago, weighing down overall non-oil domestic exports, which fell 11.7 percent. That […]
Read MoreCredit inquiries at the National Credit Bureau (NCB) are expected to hit another record high this year amid mounting anxiety over swelling household debt. The number of credit inquiries for existing borrowers is estimated to reach 60 million this year after 12.6 million were made during the first three months, said NCB chief executive Surapol Opasatien. […]
Read MoreKUALA LUMPUR: The Malaysian retail industry is expected to grow by 4.5% this year compared with 3.9% last year, due to the better business sentiment with China. Malaysia Retail Chain Association (MRCA) president, Datuk Seri Garry Chua said the good relations between Malaysia and China after the revival of the East Coast Rail Line (ECRL) […]
Read MoreMANILA, Philippines — The Bureau of Internal Revenue (BIR) is planning to audit the income taxes that were withheld and remitted by Philippine offshore gaming operators (POGOs) for their foreign workers, a top official of the agency said. In an interview, Internal Revenue Deputy Commissioner Arnel Guballa said the agency is planning to counter-check the […]
Read MoreThe Hanoitimes – Convenience store channel has become a battlefield for domestic and foreign retailers due to its great potential. Vietnam has recorded the fastest growth in convenience stores compared to regional peers, and this channel has become a battlefield for domestic and foreign retailers due to its great potential, according to Tri Thuc Tre. A […]
Read MoreThailand is set to release comprehensive gastronomy guidelines for the Asean region by the end of this year to facilitate the recovery of tourism figures, after the industry has been hurt by a string of challenges, including dangerous air pollution in the North, the global economic slowdown and the strengthening of the baht. As this […]
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Thailand
