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 […]
Read MoreAfter 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 […]
Read MoreMANILA, 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. […]
Read MoreHemp, 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 […]
Read MoreSINGAPORE’S bank lending rose for the third straight month in January on higher loans to businesses, data from the Monetary Authority of Singapore (MAS) showed on Monday. Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – climbed 0.7 per cent to S$683.59 billion in January, […]
Read MorePETALING JAYA: The pace of mergers and acquisitions (M&As) in Malaysia, which has been affected by the Covid-19 pandemic, is expected to gain momentum going into the second half of the year. According to experts from professional services firms, the positive momentum is expected to be supported by low interest rates, accommodating capital markets and […]
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Thailand
