The Management Association of the Philippines (MAP) on Tuesday expressed hope the European Union (EU) will not remove the country’s zero-tariff export status. “We fervently hope that the removal of the GSP (generalized system of preferences plus) by the EU countries will not push through. It will make our products less competitive and will seriously […]
Read MoreThe Tourism Council of Thailand (TCT) supports the idea of allocating travel incentives for expatriates, while the Thai Chamber of Commerce wants to stimulate the local market with new medical and wellness tourism. Chairat Trirattanajarasporn, president of the TCT, disagreed with the Immigration Bureau’s decision to end visa amnesty for tourists stranded in Thailand by […]
Read MoreLocal experts have raised concern over the soaring number of businesses going bankrupt due to impacts of the Covid-19 epidemic, which may lead to tremendous damages for the macro economy, said Vietnamplus website, citing a report. According to a survey of Vietnam Report, up to 60% of enterprises saw their revenue in the first half […]
Read MoreWhile foreign investors will see easier access to many sectors, they will be prohibited from some sensitive sectors. The Ministry of Planning and Investment’s Department of Legislation has just proposed the list of the 11 sectors that foreign investors are not allowed to join to the minister for approval. Once the proposal is approved, the draft […]
Read MoreThe Bank of Thailand (BoT) left its key interest rate unchanged at a record low on Wednesday and upgraded its GDP outlook slightly as the economy showed some signs of recovery from the fallout of the coronavirus pandemic. The BoT’s monetary policy committee voted unanimously to keep the one-day repurchase rate steady at a record […]
Read MoreSINGAPORE’S core inflation in August eased slightly from its decade-low point in July but remained in negative territory for the seventh straight month. The figure, which strips out private transport and accommodation costs, rose to -0.3 per cent year on year, up marginally from the -0.4 per cent seen in July 2020, according to data released […]
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