Vietnam is very likely to benefit from the upward trend in rice prices which is fueled by limited supplies and a shift away from the Indian supply. Decreasing input costs as Europe eases sanctions against Russia and increased fertiliser supply will benefit rice export businesses, said Vietcombank Securities Company (VCBS). A recent report on the […]
Read MoreDemand for Thai rice in the international market remains strong, with Commerce Minister Jurin Laksanawisit expecting the country’s exports to potentially increase to 8 million tonnes this year. Speaking after a discussion with the Thai Rice Exporters Association, Mr Jurin said on Monday that the weak baht, increased stocks for domestic consumption in India and Vietnam, and […]
Read MoreSINGAPORE is extending several investment promotion tax incentives for another five years, even as it prepares to implement global tax rule changes. But separately, individuals will need to invest more to become permanent residents (PRs) under the Global Investor Programme (GIP). The Pioneer Certificate, Development and Expansion Incentive, and Investment Allowance tax incentives will all […]
Read MoreKUALA LUMPUR: The Malaysian economy is anticipated to grow at a more moderate pace this year following a strong recovery in 2022 as economies around the world continue to struggle to sustain growth, the Department of Statistics Malaysia (DoSM) said. Chief statistician Datuk Seti Dr Mohd Uzir Mahidin said Malaysia’s merchandise trade is predicted to […]
Read MoreSINGAPORE – Prices of resale condominium units in January dipped for the first time in more than two years, as fewer units changed hands during the Chinese New Year seasonal lull period. Overall condo resale prices fell by 0.6 per cent compared with December, when prices rose 0.7 per cent, according to flash figures from real estate […]
Read MorePrivate consumption improved in January, according to the Fiscal Policy Office’s director-general Pornchai Thiraveja. He said the consumer confidence index rose for the eighth consecutive month to 51.7 in January, from 49.7 a month earlier. Headline inflation and core inflation in January were 5.02% and 3.04%, respectively. “The Thai economy in January was supported by the […]
Read More
Thailand
