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Thailand: Rise of the grey market

Thailand is expected to become an “aged” society this year or next, with people aged 60 and over set to account for 20% of the population. The country has been classified an “ageing” society since 2005, meaning 10% of the population is 60 or older. This trajectory has Thailand becoming a “super-aged” society in 2031 […]

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Vietnam: The fashion industry moves online

As consumption habits have changed during the Covid-19 pandemic, the fashion industry is gradually expanding into online business. Mr. Nguyen (Tan Binh district, HCM City) was waiting in front of the cashier’s desk at an Uniqlo store in HCM City when an employee approached, invited him to install the application and register for a membership. […]

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Thailand: Tax cuts won’t dent revenue

The country is likely to meet its revenue collection target despite the excise tax on diesel being halved for three months, said Finance Minister Arkhom Termpittayapaisith on Friday. The cut from six to three baht per litre is to help ease the impact of high energy prices on the cost of transport and consumer goods, […]

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