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Thailand: Tax restructure projected for 2021

The Finance Ministry plans to implement tax restructuring next year in an effort to offset lower tax income and shift the economic structure because of the effect of the pandemic crisis. The ministry has been planning tax restructuring to improve the country’s taxation system and economic outlook, in line with changes in the economic landscape […]

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Malaysia: KLCI pares losses as GDP result lifts

KUALA LUMPUR: The FBM KLCI retraced some of its earlier losses to enter the lunch break just slightly in the red following the announcement of GDP data that contracted at a slower pace than expected. Bank Negara announced earlier today that Malaysia’s economy in the third quarter contracted at a smaller pace of 2.7% in […]

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Vietnam: RCEP – A new boost for regional enterprises

The Regional Comprehensive Economic Partnership (RCEP) agreement, expected to be signed on November 15 within the framework of the 37th ASEAN Summit in Hanoi,  will be the world’s largest free trade agreement (FTA) and is a significant boost for ASEAN businesses, including those in Vietnam, according to insiders. Initiated by the Association of Southeast Asian […]

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Thai food delivery market taking off

While still in its nascent stage, the food delivery and grocery delivery market in Thailand is growing rapidly. Over the medium term, the country will offer an attractive demographic profile, combined with an increasing number of middle- to upper-income households who largely reside in the major cities. Additionally, all mobile phone users are expected to […]

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