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Thailand: Number of firms seeking BoI benefits for improving production processes jumps 23% this year

The number of companies seeking tax incentives offered by the Board of Investment (BoI) for improving their production efficiency rose 23 per cent to 138 applications in the first nine months of this year, BoI deputy secretary-general Narit Therdsteerasukdi said. The companies’ investment in boosting their production efficiency has jumped 18 per cent to Bt15.19 […]

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Cambodia: Kampot tourism port project 55% complete

Kampot province’s new tourism port project has reached 55 percent completion, says the Ministry of Public Works and Transport (MPWT), but a redesign has caused additional delays beyond those already visited on the project, courtesy of the COVID-19 pandemic. The $8 million project made viable with a loan from the Asian Development Bank (ADB), was […]

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Philippines: Inflation likely picked up anew

Based on poll of bank economists MANILA, Philippines — Inflation likely accelerated for the second straight month in November due to higher oil prices as well as an uptick in food prices due to the damage caused by the typhoons, according to bank economists. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, […]

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