The manufacturing production index (MPI) declined for the 11th straight month in March, down 11.25% from a year earlier, hurt by lower production of cars, sugar and petroleum, the industry ministry said on Wednesday. The performance compared with a forecast drop of 6.25% in a Reuters poll, and against February’s revised decline of 4.24%. Capacity […]
Read MoreThe Transportation Ministry has temporarily restricted passenger travel during the period of April 24 until May 31 in an effort to prevent an Idul Fitri mudik (exodus) as the country struggles to contain the spread of COVID-19 across the archipelago. The mudik ban, which is based on Transportation Ministry Regulation No. 25/2020 signed by acting minister Luhut Pandjaitan on April 23, […]
Read MoreThe Hanoitimes – Multinational companies have more favorable conditions in exercising tax avoidance, and to a larger extend, tax evasion, compared to their peers in the state and private sectors. Tax evasion and avoidance practices are causing annual losses of up to VND20.7 trillion (US$885 million) to Vietnam’s tax revenue during the 2013 – 2017 period, […]
Read MoreBerli Jucker Public Company Limited (BJC), the major shareholder of Big C Supercenter and a leading consumer goods and packaging products company in Thailand, has announced the public offering of its new debentures with tenures of 4 years, 6 days and 10 years, 6 days. The expected subscription period is May 28-29 and June 1. BJC […]
Read MoreThailand should be ready to cater to a new wave of foreign investment, especially from Japan, which is planning to cut down its investments in China and devote more of its funds in some Southeast Asian countries, including Thailand, Deputy Prime Minister Somkid Jatusripitak said. He added that Japan is also adjusting its supply chin […]
Read MoreSINGAPORE – Even as Singapore slides into its worst-ever recession, some businesses ranging across the trade, services and retail sectors may continue to grow, the Monetary Authority of Singapore (MAS) said in its Macroeconomic Review on Tuesday (April 28). The coronavirus pandemic has in fact boosted demand for medical products, making it Singapore’s only trade-related […]
Read More
Thailand
