PETALING JAYA: The increase in tourist arrivals will have a positive impact on the consumer sector, supported by stronger domestic demand as the labour market remains stable, says MIDF Research. The research house said the reopening of most countries’ borders would further enhance Malaysia’s retail sales due to more tourist arrivals, especially those from China. […]
Read MoreMANILA, Philippines — Three major export industry groups representing the information technology business process management (IT-BPM), semiconductor/ electronics, and the garments/ wearables industries are waiting for a resolution on the value added tax (VAT)-zero rating issue currently being finalized by the government through the Fiscal Incentives Review Board (FIRB). “A solution has been promised by […]
Read MoreSenior Minister Sun Chanthol, Minister of Public Works and Transport, stated that as of March 2023, the Stung Bot-Ban Nong Ian International Border Gate Project, which is estimated to cost about $ 26.42 million, has been completed 82.30 percent and the project is scheduled to be fully completed by the end of May 2023. He […]
Read MoreSINGAPORE is strengthening the resilience of key food distribution facilities against future emergencies and pandemics, Senior Minister of State for Manpower and Defence Zaqy Mohamad said in Parliament on Tuesday (Mar 21). The Singapore Food Agency is upgrading key food supply facilities, such as Jurong Fishery Port and Pasir Panjang Wholesale Centre, to improve security, […]
Read MoreBangkok Aviation Fuel Services Plc (BAFS) expects its jet fuel sales to increase by 40% to 4.2 billion litres this year, up from 3 billion litres in 2022, thanks to the lifting of international travel restrictions. The Thai aviation fuel service provider should be able to exit bad business conditions, which plagued the company for the past […]
Read MoreLaos has imposed price controls on 23 basic necessities such as pork, rice and natural gas to try to rein in inflation that has surged above 40 percent – controls authorities aim to enforce through fines or even jail time. But the price limits are making it hard for some merchants to make money. One […]
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Thailand
