29 foreign companies have been allowed to conduct businesses in Thailand under the Foreign Business Act by Commerce Ministrys foreign business committee in September, said Sinit Lertkrai, deputy commerce minister on Thursday. These foreign companies have invested over 559 million baht in Thailand and generated up to 742 jobs for local people,” he said. “Most […]
Read MoreThe three state tax collection departments have failed to meet their original revenue targets for fiscal 2021 as a result of the severe impact of the prolonged pandemic. Revenue Department director-general Ekniti Nitithanprapas said the department collected 1.87 trillion baht in fiscal 2021, which ended on Sept 30. Though the amount exceeds the adjusted target […]
Read MoreVisitors must quarantine for 5 days in designated hotels JAKARTA — Indonesia reopened the popular holiday island of Bali to travelers from select countries on Thursday, offering a ray of hope to the tourism-dependent economy, which has been ravaged by the COVID-19 pandemic. International travel to the island from 19 countries, including China, Japan and […]
Read MoreCar sales in Vietnam increased by 52 percent last month after five consecutive months of decline, showing positive signs for the car market at the end of the year. The Vietnam Automobile Manufacturers’ Association (VAMA) announced that vehicle sales of its members reached 13,537 last month, up 52 percent compared to the previous month. The […]
Read MoreSINGAPORE – In a surprise move, Singapore’s central bank tightened its monetary policy on Thursday (Oct 14), saying it expects rising inflation and aims to ensure price stability over the medium term. The Singapore dollar jumped about 0.3 per cent after the announcement to hit a three-week high of 1.3475 per US dollar. At 11.15am, the […]
Read MoreOnly one in five companies in Cambodia feel their staff have the skills to take advantage of opportunities in the digital economy, according to a survey by DataU, USAID and the American Chamber of Commerce. They contacted more than 200 organisations in the Kingdom from companies with fewer than 50 employees to conglomerates with more […]
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