RESALE prices of non-landed private homes in Singapore rose for the fourth straight month in November, according to flash figures from real estate portal SRX Property on Tuesday. Overall prices were up 0.3 per cent from October 2020, and up 1.3 per cent from November 2019. All regions saw price increases in November 2020. Month […]
Read MoreIn just over two weeks, the year 2020, which has been severely hit by the pandemic will come to an end, and with that, hope that the year 2021 will bring scope for economic improvement, especially from the likely availability of anti-COVID vaccines. In October, the Asian Development Bank (ADB), World Bank, and Cambodian government […]
Read MoreThe Ministry of Finance has announced the State budget estimates for 2021, which target over VND1.34 quadrillion ($58.2 billion) in State budget revenue. Of the amount, more than 1.13 quadrillion VND is expected to be sourced from domestic collections, 23.2 trillion VND from sales of crude oil, 178.5 trillion VND from imports and exports, and […]
Read MoreThe government has pledged to subsidise part of the import fees for empty and used containers and has assigned the Office of Trade Competition Commission to monitor any possible monopoly by freight forwarders in a move to alleviate the container shortage for exporters. Speaking after visiting Bangkok Port in the Klong Toey area and talking […]
Read MoreAs revenues have soared, the General Department of Customs and Excise of Cambodia (GDCE) has opted not to impose new value-added taxes (VAT) on select agricultural equipment in policies set to take effect on January 1, next year. According to the GDCE’s announcement, signed by director-general Kun Nhem on October 13, the government will not […]
Read MoreThe Japan Centre for Economic Research (JCER) has predicted that Vietnam will become an upper-middle-income country in 2023, and its GDP will surpass that of China’s Taiwan in 2035. The JCER recently released a medium-term forecast of Asian economies entitled “Asia in the coronavirus disaster: Which countries are emerging?”, which addresses the impact of the […]
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Thailand
