The Ministry of Finance is collecting opinions on a draft decree amending and supplementing a number of articles of Decree 140 of the Government on registration fees. The Ministry of Finance has proposed that the registration fee for electric cars for the first time should be equivalent to 50% of that for petrol-fueled and diesel-fueled […]
Read MoreThe overall sentiment of foreign businesses operating in Thailand has plunged, as foreign investors are growing concerned about the severe Covid-19 infections and a delay in Thailand’s vaccine allocations. The new foreign business confidence index (FBCI), which gauges foreign business sentiment in Thailand, stood at only 27.7 in the second quarter of this year on […]
Read MoreINVESTMENT commitments secured for Singapore in the second quarter of 2021 amounted to S$3.6 billion in fixed asset investment (FAI) and S$1.4 billion in total business expenditure (TBE), according to the latest Economic Survey of Singapore released on Wednesday morning. The figures refer to investment commitments garnered by the Singapore Economic Development Board. When these […]
Read MoreInvestments in logistics and industrial real estate in the Asia Pacific will double in the next three to five years as investors look to increase exposure to the asset class, Jones Lang LaSalle has forecast in a recent report. It expects the figure to rise to US$50-60 billion from the current $25-30 billion. Logistics and […]
Read MoreBorder trade infrastructure between Gia Lai province and Cambodia’s localities sharing the same border line will be developed to promote goods trading and exchange activities under a programme to develop Vietnam’s border trade infrastructure to 2025, with a vision to 2030. The People’s Committee of the Central Highlands province of Gia Lai has just issued […]
Read MoreMANILA, Philippines — The Philippine economy contracted at a softer pace of 3.9 percent in the first quarter, the Philippine Statistics Authority (PSA) reported yesterday. The PSA said the country’s gross domestic product (GDP), a measure of economic output, shrank by 3.9 percent in the January to March period, smaller than the 4.2 percent reported […]
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