Prime Minister Hun Sen has signed a sub-decree to completely exempt export tax on rubber that is sold below the market price of $1,400 per tonne, adjusting from the previous $1,000 per tonne market rate. Mr Hun Sen said the export tax has been adjusted to assist local rubber plantations after calls from the private […]
Read MorePETALING JAYA: A survey conducted by the Federation of Malaysian Manufacturers (FMM) and the Malaysian Institute of Economic Research (MIER) is projecting gloomy domestic sales during the first-half of the year (1H20). According to the FMM-MIER Business Conditions Survey, manufacturers’ outlook for business in 1H20 is generally lacklustre, as uncertainties continued to weigh amid the […]
Read MoreVietnam’s e-commerce market is projected to hit VND 399.5 trillion (US$17.3 billion) in 2023, from VND 218.3 trillion (US$9.4 billion) in 2019, according to a forecast from data and analytics company GlobalData. This represents a compound annual growth rate of 16.3 per cent. GlobalData further found that Vietnam’s e-commerce market has doubled during the past […]
Read MoreMANILA, Philippines — The country’s banking industry is adequately capitalized to survive potentially crippling impact of certain events such as the rapid spread of the novel coronavirus disease 2019 or COVID-19, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the capital adequacy ratio (CAR) of local banks are much higher than […]
Read MoreBUSINESS sentiment among Singapore firms plunged to an all-time low in the second quarter of 2020 on coronavirus health risks and potential economic impact, according to Singapore Commercial Credit Bureau’s (SCCB) latest Business Optimism Index study. Business sentiment tumbled to -7.88 percentage points in Q2 2020 from 5.31 percentage points in Q1 2020 as all six […]
Read MoreDespite a 250 per cent increase in healthcare expenditure across the Asean region, outcome measures such as life expectancy and Universal Health Coverage (UHC) index scores remain lower across the region than those of many developed nations. In fact, countries can achieve the same level of life expectancy at 30 per cent of current healthcare expenditures […]
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Thailand
