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Thailand: Crude palm oil exports set to hit 1m tonnes

Crude palm oil exports may reach 1 million tonnes this year, up from 919,000 tonnes last year, driven by a higher supply of oil palm and strong demand from India and China, according to the Commerce Ministry. Wattanasak Sur-iam, director-general of the Internal Trade Department, said the ministry plans to increase crude palm oil exports this […]

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Chinese investors keen to return to Cambodia

Chinese investors and business people are keen to return to Cambodia following the opening of China’s borders and Cambodia, on its part, is ‘China Ready.’ The bonhomie between the business communities of the two countries came to the fore once again at a forum organised by Cambodia-China (Hainan) Trade and Investment Promotion Forum in Phnom […]

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Global minimum tax is a challenge, but also huge opportunities for Vietnam: expert

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), […]

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Thailand: Hotels, tour agents fix gaze on China

Spending 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 […]

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Vietnam: Deposit interest rates continue to decrease

Commercial 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 […]

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