The Finance Ministry has ordered the Customs Department to step up its search for ways to reduce the impact of the exemption on import tax and value-added tax (VAT) for imported goods worth up to 1,500 baht, saying such measures are hurting small and medium-sized enterprises (SMEs). According to Patchara Anuntasilpa, director-general of the Customs […]
Read MoreWhile COVID-19 ddversities are making some firms more prudent, but there are firms that do not hesitate in finding ways to tap into the global market potential. A few days ago, Hanoi-based dairy firm VitaDairy officially announced its ownership of a dairy farm in the Australian state of Tasmania. Nguyen Thi Ha, the company’s general […]
Read MoreSINGAPORE (BLOOMBERG) – The Singapore dollar is vulnerable to retesting a four-month low, with signs that benign inflation and a gradual economic recovery will keep the central bank on hold at its April monetary policy review. Elevated US bond yields have already helped push the greenback through its 100-day moving average versus the city-state’s currency. While momentum stalled […]
Read MorePhnom Penh Special Economic Zone Plc (PPSEZ) shares have seen high volume of shares trade hands over the last three trading days. A combined total trading volume of 308,838 shares were made between Wednesday and Friday. Wednesday saw 142,201 shares exchanged, with Thursday trades reaching 99,870 and 66,767 being moved on Friday. The three-day trading […]
Read MoreSINGAPORE (ICIS)–Indonesia’s central bank on Thursday kept its benchmark interest rate at 3.5%, in support of the rupiah (Rp). “This decision is in line with the need to maintain the stability of the Rupiah exchange rate against increasing uncertainty on global financial markets, amidst the forecast for inflation that remains low,” Bank Indonesia said. The […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may resume easing interest rates by the second half of the year once inflation tapers off, according to Capital Economics. In its weekly brief, the London-based think tank maintained that rate cuts are unlikely in the near term as inflation remains high. This means that the […]
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Thailand
