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Thailand: Private sector forecasts deeper export decline

The slowing world economy, widespread domestic drought and the deadly virus outbreak have prompted the private sector to lower the export forecast to a 1.8% contraction this year. Sanan Angubolkul, vice-chairman of Thai Chamber of Commerce, said representatives from many trade associations were consulted before the forecast of US$242 billion for export value was decided. […]

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Myanmar: Vehicle import incentive to be suspended

The authorities will suspend issuing car import permits to senior government officials, U Zaw Htay, spokesperson from the President’s Office, said during a press conference on January 31. “We are reviewing how such an incentive will impact the car market. Private businesses should not be disrupted and price should be stable. The government should not […]

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