Once approved by the National Assembly, the cut will take effect on August 1. The Vietnamese Government has proposed a further cut of environmental protection tax on petrol products by VND1,000 per liter and VND500 for diesel products, the largest margin possible, until late 2022. The proposal was mentioned in Government’s resolution No.82 proposing lower […]
Read MoreTOKYO — Economists have raised 2022 growth forecasts for Indonesia, the Philippines and Thailand as they expect growth in the first half of the year to be higher than forecast, thanks to a relaxation of COVID restrictions. However, there are downward revisions to forecasts for the latter half of 2022 for each country due to […]
Read MoreThe total market value of e-commerce in Cambodia in 2021 was to the tune of $970.10 million, marking an increase of 19.29 per cent from $813.25 million in 2020, according to the commerce ministry’s Trade Training and Research Institute (TTRI). Fashion accounted for the lion’s share at $263.30 million or 27.14 per cent, followed by […]
Read MoreKUALA LUMPUR: The Department of Statistics Malaysia (DoSM) reported that Malaysia’s terms of trade expanded by 1.0 per cent month-on-month to 112.0 points in May 2022, boosted by rising export prices. Export prices increased 3.9 per cent to 148.6 points from 143.0 points in April 2022, while the import unit value index also went up […]
Read MoreVIETNAM is aiming for economic growth of 7 per cent this year, the country’s planning and investment minister said on Monday, higher than an official target of 6.0 to 6.5 per cent set previously. To achieve this, year-on-year economic growth in the third quarter needs to be 9.0 per cent and in the fourth quarter […]
Read MorePublicInvest Research has maintained its “neutral” rating on the plantation sector and said Malaysian palm oil exporters may be facing stiffer competition in the coming months as Indonesia has proposed to raise palm oil export quotas last Friday due to excessive palm oil inventories in the world’s largest producing country. In a sector update on […]
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Thailand
