SINGAPORE: Malaysian palm oil futures closed slightly lower on Monday as the ringgit crept higher, though gains in rival oils minimised losses. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended 0.04% lower to 2,286 ringgit ($546.89) per tonne. Dalian’s January palm oil contract was last up 1.5%, while […]
Read MorePTT Oil and Retail Business, the retail arm of Thai energy giant PTT Group, said it intends to form a joint venture with KBZ Group to set up a filling station and a reserve facility. “The first PTT station in Myanmar is slated to open before the second quarter of next year,” said Buranin Rattanasombat, […]
Read MoreTax refund has never been an easy process, especially in the Philippines. Some say that getting a tax refund in the Philippines is almost next to impossible, a tedious and a time-consuming process that can trigger a mandatory tax audit on the taxpayer. For companies, however, who are engaged in zero-rated sales but have accumulated […]
Read MoreThe Finance Ministry has not made a decision on whether the import duty on luxury brands will be temporarily cut to 5% from 30% as proposed by the Tourism and Sports Ministry to boost tourism this year. The Tourism and Sports Ministry has not made an official request to the Finance Ministry, so the latter […]
Read MoreExports shrank by 1.39% year-on-year in September but improved from the 4% plunge in August, boosted by higher shipments of industrial products. The Commerce Ministry said customs-cleared outbound shipments fetched US$20.5 billion in September, down 1.39% from the same month last year, with those in baht terms totalling 626 billion baht, down 7.76%. Pimchanok Vonkorpon, […]
Read MoreThe 2019 Myanmar Trademark Law, which was finally enacted on January 30, 2019, is an important step in the government’s efforts to attract foreign investment. The new law establishes a framework for a comprehensive trademark registration and protection system for both foreign and domestic trademark owners. While the effective date has not yet been announced, […]
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Thailand
