The Hanoitimes – Vietnam, with its young demographic, growing incomes and large population, is considered a hugely promising market for retailers. Robust economic growth, rising incomes and retail sales increasing at the fastest rate in four years are making overseas retailers rush to set up outlets in Vietnam and expand quickly to tap the market. Miki […]
Read MoreThe Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official. If the virus continues to spread for the entire year, which is longer than the central bank’s base-case scenario, GDP growth could be lower […]
Read MoreThe General Department of Customs and Excise (GDCE) on Friday issued a set of measures to help the ailing shipping and garment sectors as the supply of raw materials from China dries up. The measures follow Prime Minister Hun Sen’s announcement that the government has drafted a plan to support businesses in the garment and […]
Read MoreAlthough tax revenues have been increasing yearly in Myanmar, the government’s spending momentum has yet to catch up, said U Maung Maung Win, Deputy Minister of Planning, Finance and Industry. Myanmar deploys just 0.3 percent of total tax revenue compared to 2pm in Vietnam, U Maung Maung Win said in a Hluttaw session on February […]
Read MoreGasohol E20 will become the primary petrol for the country early this month, requiring all petrol stations nationwide to carry the ethanol-blended fuel, says the Energy Business Department. Director-general Nantika Thangsuphanich said the department will discuss the scheduled enforcement of E20 with fuel traders and refineries. E20 was launched in Thailand over a decade ago […]
Read MoreInterest in the Myanmar property market is picking up now that prices have corrected and more affordable options of payment are available. Market observers also believe that continued reforms to the economy as well as implementation of legislation such as the Condominium Law 2016 and Condominium Rules 2017 can help support more interest in property. […]
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Thailand
