SET-listed Amata Corporation remains sceptical amid the many project delays in the Eastern Economic Corridor (EEC), maintaining a land sales target of 950 rai in 2019. Viboon Kromadit, chief executive of the industrial estate developer, said that while the EEC is a positive development for many industrial operators and land developers, megaprojects under development by […]
Read MoreJAKARTA (BLOOMBERG) – Indonesia is on track to join the Philippines in a new monetary-easing cycle as a darkening global outlook forces Asia’s most aggressive interest-rate hikers of recent times to reverse course. While Bank Indonesia is widely expected to leave its benchmark rate unchanged on Thursday (June 20), the central bank has offered its […]
Read MoreThe General Department of Taxation (GDT) collected more than $1.3 billion in tax revenue during the first five months of the year, an increase of 28 percent compared to the same months last year. For in depth analysis of Cambodian Business, visit Capital Cambodia In May alone, the government collected $185.8 million in taxes, up more […]
Read MoreProducts or services the government doesn’t promote, including alcoholic beverages, will be subject to higher taxes if a new law on excise duties comes into force in January 2020. In contrast, lower levies will be imposed on items such as fuel and motorcycles that the government believes are necessary for improving people’s lives. Deputy Prime […]
Read MorePETALING JAYA: Total vehicle sales jumped more than 40% to 60,780 units last month compared with 42,977 units a year earlier, as demand for cars was spurred by promotional campaigns in conjunction with the Hari Raya festive season. In a statement today, the Malaysian Automotive Association (MAA) said sales volume in May was 22% or […]
Read MoreTOKYO: Apple Inc has asked its major suppliers to assess the cost implications of moving 15%-30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply chain, according to a Nikkei Asian Review report on Wednesday. Apple’s request was a result of the extended Sino-U.S. trade dispute, […]
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Thailand
