Grab Thailand, the local operating unit of the Singapore-based startup, has high hopes a new government will finally legalise the ride-hailing business after years of operating in the country. Thailand is the last country in Asean where hailing a taxi from drivers without commercial licences via mobile apps is illegal, apart from Laos where no such […]
Read MoreThe Hanoitimes – With 40% of the population below the age of 24 and their greater propensity for digital technology, many of these younger consumers are driving the rapid expansion of Vietnam’s e-commerce market. Vietnam’s e-commerce market is estimated to reach US$15 billion by 2025, second only to Indonesia in the Southeast Asia region, according to […]
Read MoreIndustry Minister Airlangga Hartanto has said that a draft regulation concerning the so-called superdeduction tax will be implemented for manufacturing companies that run vocational schools teaching 36 skills. The superdeduction tax is a fiscal incentive involving a 200 percent tax allowance proposed by the ministry for such companies. “We have listed 36 competencies in the […]
Read MoreMANILA, Philippines — The country’s external payments position strengthened for the fifth straight month with a balance of payments (BOP) surplus of $627 million in March, reversing the $266 million deficit recorded in the same month last year, as more foreign exchange continued to flow into the country, according to the Bangko Sentral ng Pilipinas […]
Read MoreThe immigration process for foreign travellers leaving Singapore is going to become a whole lot faster. In a statement released on Wednesday (April 17), the Immigration & Checkpoints Authority (ICA) announced that departure stamps will no longer be issued to foreigners leaving Singapore from April 22 onwards. Since September 2016, foreign travellers who have their […]
Read More[BANGKOK] A slide in Thailand’s baht is proving to be a fillip for the country’s exporters of electronics parts. The SET Electronic Components Index is up about 9 per cent so far in April, leading the 28 industry groups in the nation’s stock market. Delta Electronics (Thailand) Pcl is one of the top performers this […]
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