The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has revised up its 2022 GDP growth forecast to at least 2.75%, up from 2.5%, but soaring inflation remains a wild card. GDP growth is estimated in a range of 2.75-3.5%, a slight change from the 2.5-4% predicted earlier, said Payong Srivanich, chairman of the […]
Read MoreThe number of flights between Cambodia and China is expected to rise to six from four following a request submission by the State Secretariat for Civil Aviation (SSCA) to the Civil Aviation Administration of China in late June. The request comes amid a rise in demand for flights between both nations after Cambodia officially reopened […]
Read MoreThe value of foreign trade by land has risen to 688.822 billion baht, up by 1.74 per cent during the first five months of this year, following the easing of Covid travel restrictions, the commerce minister said on Monday. Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said the 1.74-per-cent increase, compared to the same […]
Read MoreThe Ministry of Finance (MOF) has finally proposed a cut in luxury tax and VAT after advising that the environmental protection tax be cut to the floor level, to be applied from early August to the end of the year. The detailed tax cut scenario has not been disclosed and still needs the National Assembly’s […]
Read MoreSINGAPORE – Factory activity in Singapore clocked its 24th consecutive month of expansion in June, although growth slightly slowed compared with May. The June reading of the Singapore Purchasing Managers’ Index (PMI) came in at 50.3, 0.1 point lower than for the previous month, said the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday […]
Read MoreThe Kim Thanh II international border gate in the northern province of Lao Cai suspended import-export activities from today, July 4, after China discovered Vietnamese goods having the coronavirus. Ha Duc Thuan, deputy head of the Lao Cai economic zone management board, told Tuoi Tre that the Chinese side has yet to inform when the […]
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Thailand
