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Thailand: Curbs slash imports of plastic, e-waste

Imports of plastic and electronic waste have declined sharply after the government curbed imports of foreign waste, says the Customs Department. Plastic waste imported to Thailand fell to 174,000 tonnes during the five months to May from 571,000 tonnes for the full year of 2018, while e-waste import volume plunged to 12,200 tonnes in the […]

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Thailand: Consumer confidence craters

Consumer confidence fell to its lowest level in 21 months in June as the public fretted over political instability, global economic uncertainty and low farm product prices. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index fell to 76.4 points last month from 77.7 in […]

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Vietnam 2019 inflation projected to stay below 4% target

The Hanoitimes – Both scenarios for inflation in 2019 presented by the government indicate inflation will be in the range of 3.17 – 3.41%. Vietnam’s inflation is projected to be 3.41% in 2019, much lower than the government target of 4%, according to Deputy Prime Minister Vuong Dinh Hue. The public services fees, therefore, should be […]

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Cambodia: Gov’t launches revenue strategy

The government launched the Revenue Mobilisation Strategy 2019-2023 on Thursday. The 77-page book details key strategies such as modernisation of the General Department of Taxation’s (GDT) fiscal revenue system in response to the increasing demand for service quality, social equity guarantee and sustainability of revenue for the Kingdom’s development. The strategy mandates the government to […]

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Huawei: Thai market share rises to 20%

Huawei Technologies says its smartphone market share in Thailand remains unscathed by US sanctions on the company, despite conflicting reports that the Chinese telecom giant’s sales suffered dramatically. The company said its market share in Thailand grew in the first five months of 2019 to 20% from 15% in 2018. Huawei is set to increase […]

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