JAKARTA: Indonesia has increased tax incentives for businesses in a move to try and limit the economic impact of the coronavirus pandemic, its tax office said. Previously announced tax relief due to expire in September, have been extended until the end of the year, a statement said. They include tax breaks for some manufacturing workers […]
Read MoreRice exports were the only bright part in the picture of Vietnam’s farm exports in the first six months of the year. However, the achievements may not be upheld in the second half. Reports show that though the total amount of farm exports reached 6.79 million tons, an increase of 281,000 tons and 4.3 percent […]
Read MoreCAMBODIA, Myanmar, and Vietnam are among the Asian countries poised to gain most from shifts in apparel manufacturing, according to a Fitch Solutions July 13 report. As China reduces its apparel manufacturing operations and seeks to move up the value chain, such neighbouring countries have high growth potential in this area, supported by their large […]
Read MoreThe government on Sunday warned it would delist hotel operators from its latest tourism stimulus campaign known as Rao Tiew Duay Kan (We Travel Together) if they are found to have increased their room rates. The latest effort to bolster the economy subsidises 5 million nights of hotel accommodation. Tourists are meant to pay only […]
Read MoreCPI to decline THIS week brings a quieter flow of data with the main focus on consumer price index (CPI). The Statistic Department is expected to release the inflation data for June on Wednesday. CPI inflation has been nil to negative in Japan, Malaysia and Singapore. The CPI fell 2.9% in May from a year […]
Read More“Someone said the land rent in IZs has surged to $150-200 per square meter. But rent of $100 is considered high already,” said Do Nhat Hoang, director of the Foreign Investment Agency (FIA). According to MPI’s Economic Zone Management Department, there were 561 IZs as of the end of May with total area of 201,000 […]
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Thailand
