Chairman of the Vietnam Association of Foreign Investment Enterprises (VAFIE) Nguyễn Mại speaks with Nhà Đầu Tư (The Investors) online newspaper on why Việt Nam must implement the global minimum corporate income tax soon to remain an attractive FDI destination. The global minimum corporate income tax, initiated by the Organisation for Economic Cooperation and Development (OECD), […]
Read MoreSpending among Chinese tourists has not been affected by the global economic slowdown as there is huge pent-up demand following a three-year hiatus, helping to stimulate the market, says a travel agent group. Sisdivachr Cheewarattanaporn, president of the Association of Thai Travel Agents (Atta), said Chinese tourists coming to Thailand during this quarter were mostly individual […]
Read MoreCommercial joint stock banks have continued to lower deposit interest rates since the middle of this month, a move that is expected to help reduce lending rates and support businesses. HCM CITY — Commercial joint stock banks have continued to lower deposit interest rates since the middle of this month, a move that is expected to help […]
Read MoreThe power generation arm of Ch Karnchang Plc, Thailand’s second-largest construction company, CK Power Plc (CKP), witnessed a profit growth of 11.8% to a record high of THB 2.4 billion in 2022. Despite an increase in energy prices globally, the company saw an unprecedented rise in profits thanks to electricity sales from hydropower plants and […]
Read MoreCambodia exported $232.824 million worth of electrical machinery and equipment and related products last month, ballooning by 114.6 per cent from the $108.495 million recorded in January 2022, albeit sliding by 21.99 per cent from $298.465 million in December, according to data from the General Department of Customs and Excise of Cambodia (GDCE). The aforementioned […]
Read MoreMANILA, Philippines — Banks have started imposing higher interest rates on credit card transactions after the Bangko Sentral ng Pilipinas (BSP) increased the ceiling amid a series of aggressive rate hikes to tame inflation and stabilize the peso. However, BDO Unibank Inc. has decided to move the effectivity of the higher three percent monthly interest […]
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Thailand
