A business organization on Wednesday urged the government to permit the private sector to purchase coronavirus vaccines directly from accredited sources to speed up vaccination efforts. In a statement, Benedicto Yujuico, president of the Philippine Chamber of Commerce and Industry (PCCI), said the government should accelerate its vaccine procurement and rollout “to ensure the safety […]
Read MoreShare prices of Thai cosmetics and food firms jumped on Wednesday after announcements about the research and manufacture of cannabis-based products, as consumer goods companies rush to be first movers in a new market segment. Cosmetic and supplements producer, DOD Biotech Plc, saw share prices climb as high as 11.6% after it said it would […]
Read MoreThe goverment is aiming to achieve economic growth of 4% this year, with a recovery expected in the fourth quarter of the year, amid expectations that easing coronavirus restrictions will bring in tourism income, Finance Minister Arkhom Termpittayapaisith said on Wednesday. The tourism-reliant economy contracted 6.1% last year, its deepest decline in over two decades, […]
Read MoreKUALA LUMPUR: Malaysia is maintaining the export tax for crude palm oil (CPO) at eight per cent for April 2021. In a circular posted on the Malaysia Palm Oil Board’s website, the Royal Malaysian Customs Department said the eight per cent export duty rate was set after the CPO market price surpassed RM3,450 per tonne. […]
Read MoreINTRODUCING more progressive income tax and property tax systems can help address the worsening income gaps that have proliferated after the pandemic, said Masatsugu Asakawa, Asian Development Bank’s (ADB) president, on Wednesday. He also called for cooperation among countries to close tax loopholes that multilateral businesses can use to avoid tax burdens, and mooted carbon […]
Read MoreSINGAPORE’s key exports grew by 4.2 per cent in February, in the third month of increase following the 12.7 per cent expansion in January and 6.8 per cent expansion in the month before. The increase in non-oil domestic exports (NODX) was mainly due to shipments of non-electronic products, such as non-monetary gold, specialised machinery and […]
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Thailand
