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Growth headwinds mounting in Thailand

According to the latest data released by the National Economic and Social Development Council on Feb 17, Thailand’s real GDP growth slowed significantly to 1.4% year-on-year in the fourth quarter of 2022 from 4.6% in the third quarter. The fourth-quarter figure was a major miss from consensus estimates of 3.5% and lowered full-year growth to 2.6%. […]

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China’s Hainan promotes free trade port in Cambodia

South China’s Hainan Province on Wednesday held a forum here to promote the Hainan Free Trade Port to Cambodian officials, entrepreneurs and exporters. The event was attended by some 170 Cambodian and Chinese officials and business people. Speaking at the event, Hainan’s Vice Governor Shen Danyang said Hainan and Cambodia enjoy geographical proximity, which is […]

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Vietnam fixed on clawing back e-commerce taxes

E-commerce tax from businesses and sellers will continue to be collected in 2023 as part of ongoing efforts to ensure cross-border giants declare profits and pay their taxes. According to the Vietnam e-Commerce and Digital Economy Agency (iDEA), in 2022, retail e-commerce revenue in Vietnam reached $16.4 billion, up 20 per cent compared to 2021, […]

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