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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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Philippines: Domestic trade sinks 62% in Q3

MANILA, Philippines — Trading of commodities in the country suffered a steep decline in the third quarter due to the continued restrictions on mobility and weaker demand from consumers, the Philippine Statistics Authority (PSA) said. Preliminary results of the Domestic Trade Statistics in the Philippines showed that the total volume of goods traded within the […]

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Myanmar and India to boost collaboration in trade

U Than Myint, Union Minister of the Ministry of Commerce, said during the Seventh Joint Committee Meeting, that Myanmar will boost collaboration with India in trade and other sectors for mutual interest.  He expressed his confidence at the meeting saying that it will boost bilateral collaboration in trade, investment, agriculture, textile, transportation, and banking and […]

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