Thailand has an opportunity to become an aviation and logistics hub, thanks to its prime location in central Southeast Asia and infrastructure development in the Eastern Economic Corridor (EEC), but the country needs to adjust to the pandemic crisis. The severe impact of the pandemic on aviation and tourism firms as well as a delay […]
Read MoreKUALA LUMPUR: The International Monetary Fund (IMF) expects Malaysia’s economy to recover in the remainder of 2021, with inflation and the current account balance normalising over the medium term. In its country report, it said growth was projected to rebound to 6.5% this year, underpinned by a strong recovery in manufacturing and construction, and supported […]
Read MoreMANILA, Philippines — Purchasing properties in the Philippines used to be a complicated process especially for prospective buyers and investors residing in other countries. For instance, overseas Filipino workers (OFWs) seeking to buy a house for their families were often daunted by the tedious paperwork involved. Similar concerns deterred potential property investors based abroad. All […]
Read MoreThe worldwide container shortage pinching global trade will be relieved in the second half of this year as trade picks up, according to CIMB Thai Bank’s research office. The shortage crisis blew up in mid-2020 when containers shipped to North America and Europe were stranded there by Covid-19 restrictions that meant almost nothing moved in […]
Read MoreThe Mong Cai border-gate economic zone will become a green, modern and sustainable coastal town, an area with a strategic and important position in terms of security and defense of the Red River delta and the country. Mong Cai, a district of the northern province of Quang Ninh, will be built into a national key […]
Read MoreThe 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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Thailand
