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Thailand: New transfer pricing rules head in the right direction

IN OPEN markets, the “market price” is determined by external market forces as contracting parties aim to protect their best interests. Common management control, however, hinders market forces from operating fully when related companies deal with each other. The price between related companies, the so-called “transfer price”, tends to deviate from the market price for […]

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Malaysia: HBA proposes price control mechanism to curb rising property prices

KUALA LUMPUR: The National House Buyers Association (HBA) is proposing a housing price control mechanism to curb rising property prices and ease the country’s housing affordability issues.  HBA vice president Datuk Goh Seng Toh said measures need to be put in place to prevent developers from hiking up property prices.  “Some developers have a ‘teh-tarik’ syndrome, where if […]

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Foreign demand for Myanmar’s drumstick tree on the rise

Myanmar will export Moringa oleifera, or drumstick trees, to Japan for the first time from June onwards, said U Myint Ko, chair of Myanmar Drumstick and Moringa Producer and Exporters Association.  Japan, China, Malaysia and Singapore have offered to purchase the drumsticks from Myanmar but Myanmar can produce only limited quantities of the tree, he […]

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Thailand: Policymakers expect to restructure power tariffs

Energy policymakers are planning to restructure power tariffs for many power-generating resources to handle disruptive technologies in the sector.  The restructuring will apply to solar, biogas and petroleum gas generated from independent power suppliers (IPS).  The Energy Regulatory Commission has been told to study the restructuring plan and a new committee has been set up, […]

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Cambodia satisfies insatiable meat demand with imports

Cambodia imported 54,149 tonnes of livestock and meat to meet domestic demand last year, according to a Ministry of Agriculture, Forestry and Fisheries report. According to the report, Cambodia last year produced a total of 231,283 tonnes of meat for domestic consumption, equivalent to 81 per cent of total domestic demand, with totalled 285,432 tonnes. […]

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