The Excise Department will bring up taxes over six years to help drink manufacturers gradually lower the sugar content of their products to meet the department’s threshold or face a significant rise in tax. The grace period will be divided into two phases of three years each, said department planning bureau director Nutthakorn Utensute. The department […]
Read MoreThe government has recommended over 1,000 domestic small and medium-sized enterprises (SMEs) to receive loans from banks, according to the Central Department of Small and Medium Enterprises Development (CDSMED). More than 1,000 SME among an estimated 9,000 in Myanmar have been recommended by the CDSMED to receive loans, an official from the department told The Myanmar […]
Read MoreWith $3.2 billion worth of exports of suitcases, backpacks, and handbags in 2016, Vietnam was among the Top 5 largest exporters in the sector, according to the Leather, Footwear and Handbag Association (LEFASO). Vietnam ranked fifth among the ten largest exporters of suitcases, backpacks, and handbags the world over, contributing 5.4 per cent to last […]
Read MoreExperts say they expect stronger economic recovery momentum in the second half of this year, due to hefty exports, rising farm prices and massive government infrastructure, particularly in the Eastern Economic Corridor (EEC). However, some negative factors such as a strong baht and uncertainty about the new Royal Decree on Recruitment of Foreigners that could […]
Read MoreExports in June surged 11.7% year-on-year despite the firmer baht, supported by strong orders from traditional markets and boosting the government’s confidence of meeting the full-year target of 5% growth in export value. The double-digit growth in June after a 13.2% leap in May signals a brighter outlook for the second half, the Commerce Ministry said, […]
Read MoreMANILA — Most Southeast Asian stocks fell on Friday, in line with Asian markets, after the European Central Bank and the Bank of Japan kept rates steady and signalled that they were in no hurry to start unwinding their massive stimulus programmes. Asian markets edged down, with MSCI’s broadest index of Asia-Pacific shares outside Japan, […]
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Thailand
