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Thailand: Tax perk for property buyers on the cards

The Revenue Department has proposed a tax deduction for property buyers as part of a seven-measure package to prop up economic growth during the transition to a new government. Several tax measures for the property sector have been proposed to the Fiscal Policy Office (FPO), said Ekniti Nitithanprapas, director-general of the department. The Finance Ministry […]

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Weak export growth seen to continue in Emerging Asia

MANILA, Philippines — Weakness in export sales is expected to continue in emerging Asian economies throughout the year on the back of weaker global demand and high inventory of electronic products, London-based Capital Economics said. In its latest Emerging Asia report, the research firm said growth in technology exports from the region, particularly semi-conductors, is expected to […]

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Thailand: Exports flag on external headwinds

Thailand’s exports remain in the doldrums, with the performance in March dropping after an unexpected increase in February.  The Commerce Ministry reported on Monday Thailand’s customs-cleared exports fell 4.88% year-on-year in March to US$21.4 billion after a 5.9% rise in February to $21.6 billion.  The uptick in February was largely due to a one-time shipment of […]

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