malay01
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Tax incentives in Malaysia

MALAYSIA has a wide variety of incentives which include incentives granted through income exemption or by way of allowances. There are specific criteria and rules that govern the treatment of tax incentives. For example, where incentives are given by way of allowances, any unutilised allowances may be carried forward indefinitely to be utilised against future […]

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UKVFTA – a boost to Vietnam-UK trade

After the UK-Vietnam Free Trade Agreement (UKVFTA) took effect on December 31, 2020, both sides saw impressive growth in their two-way trade though exports faced formidable challenges caused by the COVID-19 pandemic. Statistics from the General Department of Vietnam Customs showed that total trade in goods between the two nations topped 657.35 million USD in […]

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Philippines: Soaring shipping rates to raise import costs

MANILA, Philippines — Prices of imported goods may go up, while exports may face delays as shipping rates continue to soar due to  container shortages and strong demand. Philippine Ports Authority general manager Jay Santiago told The STAR that the average container shipping costs have surged by a dramatic 400 percent from November last year. […]

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th03
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Thailand: Hemp goes from zero to economic hero

Hemp, a weed that was long regarded as a forbidden plant and included on the country’s narcotics list, is taking Thailand by storm. Ten categories of goods or products ranging from mouth spray, food supplements, skincare products and energy drinks to painkillers and spa products are cashing in on hemp’s hype after the government legalised […]

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