Việt Nam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS. HCM CITY — Việt Nam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS. “Clearing the Runway for […]
Read MoreThailand’s external stability is sound with low foreign debt, while the economy is recovering steadily on increased tourism and domestic spending, the Bank of Thailand (BoT) said. The central bank’s gradual and measured policy normalisation remained an appropriate approach, with inflation expected to return within the bank’s target range of 1% to 3% in the second […]
Read MoreAirlines preparing for travel boom MANILA, Philippines — Domestic carriers Philippine Airlines (PAL), Cebu Pacific and AirAsia Philippines will cut ticket prices in April in compliance with the directive to reduce fuel surcharge. PAL, Cebu Pacific and AirAsia Philippines yesterday confirmed that air fares will drop in April just in time to serve the projected […]
Read MoreINDONESIA’S plan to channel crude palm oil (CPO) exports via a futures exchange would improve policymaking in the top producer and avoid a need for the type of export ban that sent shockwaves through global markets last year, its chief regulator said. Authorities aim to require all CPO exports to go through a futures exchange […]
Read MoreA joint working group from the General Department of Taxation (GDT) and the General Department of Customs and Excise (GDCE) have warned that they will take strict action in accordance with the laws and regulations in force by confiscating cigarettes that circulate in the market without a new type of tax stamp. The warning came […]
Read MoreThai exporters and importers are being advised to closely monitor the exchange rate and develop appropriate strategies to cope with the impact of short-term foreign exchange fluctuations. According to Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO), the office expects exporters to be affected by volatile exchange rates caused by the impact of […]
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