NEW DELHI (BERNAMA) – India’s Finance Ministry has issued a notification that said the import tax on crude palm oil (CPO) will be 44 per cent, but trade sources point out there is no change in the existing duty structure on cargoes from ASEAN. “In the (Indian federal) budget notification, import duty is mentioned as […]
Read MoreAll is not well on the regional front. The Year of the Rat under the Chinese zodiac, associated with surplus and wealth, begins on Jan 25. However, at the turn of the decade, Southeast Asia’s economic prospects face inauspicious circumstances. While the amazing growth engine that transformed the region into a manufacturing powerhouse has not […]
Read MoreBANGKOK: Indonesia, Southeast Asia’s largest economy, is finally poised to take the title of the biggest equity market in the region. Its market value of $529 billion has nearly matched that of slumping Thailand, which snatched the top spot from Singapore in May, buoyed by a strengthening baht. With its currency giving back some gains […]
Read MoreLast year was all about fintech rising to the digital demands of financial services, and this year the trend will continue, but with a tweak of technologies that are developing fast. Fintech startups have gained more traction in these parts of the world, and during the first nine months of the last year, a record […]
Read MoreAsean should see further growth in 2020, thanks to a surge in public infrastructure spending and a relatively stable private consumption, though enacting key reforms this year is critical to boosting potential this decade, said HSBC. “The region is about to embark on a new investment cycle, led by a planned surge in public infrastructure […]
Read MoreThe Asean property market is still attractive in 2020, as stocks will continue to outperform on healthy property fundamentals amid a constructive macro outlook, said Morgan Stanley in its report. The investment banking giant said: “Stock valuation multiples in many instances remain below trend, and have yet to fully price in a positive macro and […]
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Thailand
