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Thailand: Waivers on yachts extended

The Customs Department has approved the extension of tax waivers, including value-added tax on the value of vessels for all yachts arriving for another 2.5 years to support the country’s marine industry. According to Customs Department spokesman Chaiyut Kumkun, the approval issued on Feb 19 this year applies to both visiting yachts and temporarily imported […]

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Malaysia: Recovery catalyst

PETALING JAYA: The government’s latest stimulus package of RM20bil, dubbed the People and Economic Strategic Empowerment Programme (Pemerkasa), is expected to accelerate the recovery across several key economic sectors that have been affected following the second round of the movement control order (MCO) that began in January. Experts welcomed the targeted stimulus package, pointing out […]

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Thailand: Pattaya picked to host logistics forum

Pattaya is being touted by the government as likely to increase investment confidence in the Eastern Economic Corridor (EEC), with the city selected to host a Greater Mekong Subregion (GMS) logistics forum that can showcase Thailand as a hub of modern logistics in Asean. Organiser Thailand Convention and Exhibition Bureau (TCEB) said the geographical location […]

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