SET-listed oil retailers are very optimistic about the growth of oil sales volume this year amid tough competition in the local market. Four listed companies forecast 2019 growth of oil sales volume at 3-16% from the year before, with each oil retailer competing via marketing campaigns with new fuel formulas, mileage memberships and non-oil services. An […]
Read MoreASEAN integration is “not going anywhere” if trade regulations between Asean countries are not reformed, a recent forum heard. “Asean has done very little beyond lowering tariffs between countries,” argued Deunden Nikomborirak, research director in economic governance at the Thailand Development Research Institute (TDRI). Deunden was speaking during a seminar discussion at the “Chevening Annual […]
Read MoreTHE Consumer Price Index (CPI) in January 2019 decreased by 0.1 per cent year-on-year compared to January 2018. Prices of Food and Non-Alcoholic Beverages decreased by 0.5 per cent. Meanwhile, Non-Food prices increased by 0.02 per cent. The CPI decrease was largely attributed to decreases in the prices and costs of Furnishings, Household Equipment and […]
Read MoreThe Revenue Department aims to raise the number of individual taxpayers by 10% this year, with a focus on online vendors outside the tax system. The country’s largest tax-collecting agency wants to increase the individual taxpayer base by 1 million this year, using data analytics to probe income tax avoidance, said director-general Ekniti Nitithanprapas. The department […]
Read MoreMANILA, Philippines (Update 2, 10:38 a.m.) — Philippine inflation decelerated for another month in February, bringing the two-month tally near the government’s target range for the year. Consumer-price growth stood at 3.8 percent in February, slower than 4.4 percent recorded in January, the Philippine Statistics Authority reported Tuesday, adding that the latest reading is the lowest since […]
Read MoreCambodia is becoming an attractive destination for Macanese junket casino operators to set up shop, as the market is currently rapidly growing while the junket market in Macau is shrinking, according to Morgan Stanley Asia Ltd analysts. Praveen Choudhary and Jeremy An of Morgan Stanley Asia visited Macau last month and issued a memo that […]
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Thailand
