Rising commodity prices due to a rise in domestic consumption is expected to negatively impact the construction, electrical appliance and electronic component industries, analysts say. However, the effect on share prices may not be felt at this time as investors are speculating on first-quarter results. The hike of commodities prices has also put pressure on […]
Read MoreTOKYO: Japan’s parliament approved on Wednesday the world’s largest free trade deal, signed by 15 Asia-Pacific countries including China and the 10-member Association of Southeast Asian Nations, raising the possibility for the pact to enter into force later this year. The Regional Comprehensive Economic Partnership (RCEP) will create a free trade zone covering about 30% […]
Read MoreThe manufacturing production index (MPI) in March rose for the first time in 23 month, due to improved global demand and a low base effect, and is likely to increase again in April, the Industry Ministry said on Wednesday. The MPI’s rise of 4.12% from a year earlier was also its fastest pace in 29 […]
Read MoreLocal businesses should embark on business-to-business (B2B) e-commerce to ride the wave of the flourishing segment, expected to surge to US$20.9 trillion in sales globally by 2027, says DHL Express, a major international express service provider. “Local businesses urgently need to gear up for B2B e-commerce adoption within 1-2 years to keep up with the […]
Read MoreVietnam remains world’s 12th largest exporter of electronic products and the third in ASEAN. While electronics make up a significant proportion in Vietnam’s total exports, up to 95% of the turnover of such products are in the hands of foreign-invested enterprises. The Department of Industry under the Ministry of Industry and Trade (MoIT) revealed the […]
Read MoreIndonesia’s Commodity Futures Trade Regulatory Agency (Bappebti) is considering a plan to tax cryptocurrency transactions amid rising public interest in the digital asset, especially in the past year. According to the agency, which falls under the trade ministry, the government is expected to impose a type of final income tax (PPh Final) on transactions using […]
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Thailand
