The Israel Chamber of Commerce of the Philippines (ICCP) is asking the government to put on hold its plan to rationalize fiscal incentives given to companies as making changes would only lessen the country’s appeal to investors. ICCP president Itamar Gero said his group sees the government’s plan to overhaul the fiscal incentives as “too […]
Read MoreAlibaba Group Holding Ltd. and Amazon.com Inc. are about to clash in Southeast Asia. And Lazada Group SA, which Alibaba bought this year for $1 billion, will be right at the heart of that conflict. Southeast Asia’s largest e-commerce site is rolling out a series of initiatives in anticipation of the U.S. giant’s entry next year. It’s […]
Read MoreThe government has announced a rebate of 1.52 sen per Kwh for nearly all consumers from Jan 1 to June 30 next year due to the lower fuel and generation costs. Tenaga Nasional Bhd (TNB) said on Wednesday the imbalance cost pass-through (ICPT) rebate would benefit all consumers except households with consumption of 300kWh and […]
Read MoreThe government is considering setting up a central market for milled rice as another distribution channel for rice traders and farmers. Commerce Minister Apiradi Tantraporn said the country has no central market for trading milled rice despite the fact that Thailand is a leading producer and exporter, averaging 20 million tonnes of milled rice a year. […]
Read MoreThailand is expected to end the year with domestic car sales of 750,000 units after bookings at the latest motor show were weaker than expected. Surapong Paisitpatanapong, a spokesman for the Federation of Thai Industries’ automotive club, said that based on buying sentiment at the latest motor show, it is highly likely that Thai car […]
Read MoreDESCRIBED as “a platform to get travelers to bring back overseas products”, Singapore-based Airfrov has officially been launched in Indonesia. After operating in Singapore for one-and-a-half years, the start-up is said to see opportunities in the large number of travelers crossing Indonesian borders, dailysocial.id reported. “This trend of bringing back overseas products is getting popular, […]
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Thailand
