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Thailand: Border trade in June up 41.68% from last year

Thailand’s border and transit trade in June surged 41.68 per cent from same period last year, the Commerce Ministry reported on Wednesday. Total border-transit trade last month was worth 146.094 billion baht. Trade with four neighbouring countries was topped by Malaysia with a rise of 15.33 per cent to 24.849 billion baht. Next came Laos […]

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Thailand: Draft of new tax for EV industry on track

The draft of a new excise tax for the electric vehicle (EV) industry is on track and is expected to be finished this year, said Lavaron Sangsnit, director-general of the Excise Department. The new tax is aimed at stimulating demand for EVs in Thailand and wooing foreign investment into the industry, Mr Lavaron added. The […]

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Singapore updating plan to lift competitiveness of marine and offshore engineering sector amid Covid-19 and climate change

SINGAPORE – To keep the marine and offshore engineering sector in Singapore buoyant, a plan to boost its competitiveness is being updated by government agencies to account for disruptors such as Covid-19 and climate change. Dr Tan See Leng, Second Minister for Trade and Industry, told Parliament on Tuesday (July 27) that the refreshed industry […]

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