MANILA, Philippines — The Philippine economy is likely to become among the region’s top performers this year, but the expected growth will still fall short of government targets as downside risks remain, the World Bank said. In its latest Global Economic Prospects, the Washington-based multilateral lender retained its gross domestic product (GDP) forecasts for the […]
Read MoreBusiness travel is expected to face slower recovery from the trend of remote working and sustainability which targets reducing the carbon footprint from frequent business trips Bangkok Post — Even though the tourism industry has started to see optimism from Thailand’s reopening on November 1 last year, a fresh whiplash in travel sentiment from the Omicron […]
Read MoreThe Commerce Ministry is moving ahead with measures to prevent and suppress intellectual property (IP) infringements at border checkpoints, the latest move to build up confidence among trading partners and create a better investment environment. The move also aims to curb the import of substandard products into the country and protect domestic consumers. According to […]
Read MoreThe required customs procedures related to imports and exports have been simplified but enterprises are far from satisfied. The Vietnam Chamber of Commerce and Industry (VCCI) has released a report on enterprises’ satisfaction in following import/export procedures. The report was based on the results of a survey conducted in 2020 which received responses from 3,657 […]
Read MoreTaxing profits from cryptocurrency trading and the plan to end the tax waiver on share sales from the local bourse should help to expand the tax base and garner additional revenue for national development, says Finance Minister Arkhom Termpittayapaisith. Mr Arkhom said Thailand has not expanded the tax base for many years. Though GDP has […]
Read MoreTak airport is not suitable for development as a logistical hub in the North despite its close proximity to a neighbouring country, according to an Airports of Thailand (AoT) study. The AoT has no plans at this stage to take over management of three regional airports in Tak, Mae Sot and Phitsanulok from the Department […]
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