MANILA, Philippines — The Bureau of Customs (BOC) is conducting post-modification and post-audit measures to ensure that rice shipments that entered the country are properly assessed and levied with the correct taxes and duties. In a report to Finance Secretary Carlos Dominguez, Customs Commissioner Rey Leonardo Guerrero said traders were allowed to avail of the […]
Read MoreJAKARTA: Indonesia aims to complete the first phase of construction of a US$3 billion deep sea port on the northern coast of Java island by November, a senior minister said on Tuesday, after President Joko Widodo ordered an acceleration of the project. The 43.2 trillion rupiah ($2.92 billion) Patimban port in the town of Subang […]
Read MoreVietnam for the first time will investigate signs of dumping of sugar imported from Thailand, said the Ministry of Industry and Trade (MoIT) on Monday. The ministry on Monday issued Decision No 2466/QD-BCT on initiating an anti-dumping and anti-subsidy investigation for imported sugar from Thailand on the basis of the documents requested by the Vietnam Sugar […]
Read MoreThe private sector has urged the government to resume talks on a free trade agreement (FTA) with the European Union (EU). Thai Chamber of Commerce vice chairman Chusak Chuenprayoth said that members supported resumption of the talks and did not want to see any further delays to the FTA, which would benefit the country. He […]
Read MoreThe National Assembly’s 9th Committee on Monday unanimously approved the draft law on the ASEAN-Hong Kong Free Trade Agreement (AHKFTA). This paves the way for the government to continue the ratification process of the free trade agreement (FTA) in a bid to secure a new regional export market. The approval was made during a meeting […]
Read MoreSINGAPORE: The Monetary Authority of Singapore (MAS) said on Tuesday that it was ‘closely studying’ media reports that Singapore banks had informed US regulators of suspicious transactions. The move came as global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents […]
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