Global demand for protective gloves is soaring in light of the coronavirus pandemic, driving Thailand’s rubber glove exports to surge 16% year-on-year in the first four months of 2020. Auramon Supthaweethum, director-general of the Trade Negotiations Department under the Commerce Ministry, said the outbreak has resulted in rising rubber glove demand because the products are […]
Read MoreThe General Department of Taxation (GDT) has announced that the window for paying vehicle tax will be from next month until November. The deadline for paying not later than Nov 30 or vehicle owners will face a penalty charge. A report noted that tax payments can be made at various banks including ACLEDA Bank, Canadia […]
Read MoreSINGAPORE – Singapore’s Infrastructure Asia will identify suitable investors for infrastructure projects in Myanmar, following an agreement inked with Myanmar’s Ministry of Planning, Finance and Industry (MoPFI) on Wednesday (May 27). The agreement will help implement projects in the Myanmar Project Bank, an online database of priority infrastructure investments that are aligned with the country’s […]
Read MoreSINGAPORE – With consumption stymied by Covid-19 circuit breaker measures, overall inflation in Singapore turned negative in April for the first time since October 2016 on a sharp drop in car prices, while core inflation slid deeper into the same territory, official data released on Tuesday (May 26) showed. Core inflation, which excludes accommodation and private road […]
Read MoreThe government confirmed that it transferred some of its out-of-work allowances yesterday, issuing payments of up to $40 to more than 30,000 factory and tourism workers, whose jobs have been temporarily suspended because of the COVID-19 pandemic. According to the Ministry of Labour, a total of $684,294 was paid to 33,231 suspended workers from 83 […]
Read MorePublicly listed mineral miner PT Bumi Resources Mineral (BRMS) plans to issue US$52 million worth of new shares in a private placement this year to finish paying off a three-year-old debt penalty. The indebted miner is slated to sell all the shares to Singapore-based management consulting firm Wexler Capital Pte, to which BRMS owes the money. […]
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Thailand
