Cambodia’s lack of a textile industry to support to its burgeoning garment industry has seen neighbouring Thailand’s exports of textiles soaring and are expected to grow by 15 per cent. Thai media has reported that textile exports were boosted by demand from apparel-producing territories such as Cambodia, Vietnam, Indonesia, India, Europe and the US garment […]
Read MoreProfits from cryptocurrency trading are now subject to a 15% capital gains tax, according to a source from the Finance Ministry. The ministry recommends investors identify their income from cryptocurrencies when filing tax this year to avoid legal penalties. In 2022, all taxpayers who gained from cryptocurrencies, including investors and mining operators, are subject to […]
Read MoreSINGAPORE’S professional services sector should keep an eye on the “Great Resignation” trend in other economies, Second Minister for Finance Indranee Rajah told the industry on Wednesday (Jan 5). She was speaking at the launch of jobs transformation maps (JTMs) for in-house finance and accounting, and accounting practices – the latest such plan, after similar […]
Read MoreMANILA, Philippines — The Joint Foreign Chambers of the Philippines (JFC) welcomed the government’s move to lift the ban on open-pit mining, saying it would allow the industry to contribute to the growth of the economy. “The DENR decision will enable the metallic mining industry to contribute substantially to the longer-term growth of the Philippine […]
Read MoreBANGKOK (XINHUA) – Thailand’s consumer price index (CPI), a main gauge of inflation, rose 2.17 per cent year-on-year in December 2021, led by higher costs of energy and vegetables, its Ministry of Commerce said yesterday. The pace of growth eased from a rise of 2.71 per cent registered in November last year. The core CPI, […]
Read MoreTourism operators in popular destinations face more cancellations as the prolonged suspension of the Test & Go scheme is dampening enthusiasm for the remainder of the high season. Pongsakorn Ketprapakorn, president of the Tourism Council of Phangnga, said around 60% of bookings in January from 36 Phangnga hotels have been cancelled. Hotels have already lost […]
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Thailand
