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Thailand: Pandemic’s needs ease export drop

With rising demand for rubber gloves, products related to working from home, appliances, healthcare items and food because of the pandemic, the Commerce Ministry expects the country’s overall exports to shrink by just 5-8% this year. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said that despite the coronavirus crisis, most trading partners […]

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Cambodia: Tax deal with Indonesia reached

Cambodia and Indonesia have reached an agreement on double tax avoidance (DTA), the General Department of Taxation (GDT) said on Tuesday. If the remaining approval procedures are completed in the course of 2020, the DTA could take effect from as early as January 1, said the GDT. It said the agreement will protect nationals of […]

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Philippines recovery to ‘take a while’ – survey

More than half of respondents in the survey of a life insurance company believe that the Philippine economy would take a longer time to bounce back from the impact of the coronavirus disease 2019 (Covid-19) pandemic. At a briefing on Wednesday, Melissa Henson, senior vice president and chief marketing officer of Manulife Philippines, revealed that […]

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‘Now is the time to land deals in Malaysia’

The current sluggish Malaysian property market could be a “period of opportunity” for buyers and investors, experts and consultants have said. CBRE-WTW group managing director Foo Gee Jen has expressed optimism about the local property market despite the global pandemic and its impact on the economy. “There is a lot of opportunity in the market […]

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