SINGAPORE’S economic growth is expected to slow to a pace that is “below trend” next year, weighed down by key external-facing sectors such as manufacturing and financial services, the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review on Thursday (Oct 27). Meanwhile, the global economy is in a “precarious” state with growth […]
Read MoreExperts say that Vietnam needs a strong foundation to shift from internal combustion engines to electric ones. Under the government’s roadmap, car prices will be decisive. Reports show that the world transportation sector consumes 55 percent of petroleum fuel and emits 25 percent of total CO2, including 17 percent from road transport. The global electric […]
Read MoreCommerce Minister Jurin Laksanawisit has expressed confidence that Thai exports could expand by up to 8% this year after robust growth in the first nine months. Key supporting factors for Thai export growth include a resumption of global economic activities after the lifting of Covid-19 restrictions, resulting in higher demand, particularly for food and industrial goods, […]
Read MoreAn extension of the property tax cut on transfer and mortgage fees this year, which includes second-hand homes, increased the housing supply offered in the market in the second quarter. Vichai Virakapan, acting director-general of the Real Estate Information Center (REIC), said the number of second-hand homes nationwide offered for sale in the second quarter of […]
Read MoreThe Majority of participants in a survey conducted by the European Chamber of Commerce in Cambodia (EuroCham) have reported that they experienced issues with regard to Value Added Tax (VAT) that included non-issuance of refunds. The survey results were released by EuroCham at the Tax Forum it organized with the support of the Association of […]
Read MoreThe Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) are working around the clock to bring down petrol prices in the domestic market, according to the two ministries. The Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) continue to trade blame for the disrupted petrol supply in […]
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Thailand
