JAKARTA, NETRALNEWS.COM – Indonesia Chamber of Commerce and Industry (Kadin Indonesia) said it would target potential investments in neighboring countries. Some ASEAN countries become mainstays in some sectors of labor intensive, education, and food and beverage industries. “It’s not the Laos, but the potential is to make Laos a target for it. For exports to Cambodia, […]
Read MoreLaos and Indonesia have committed to work together with five agreements signed on the occasion of Prime Minister Thongloun Sisoulith’s visit to Indonesia yesterday. Documents were signed following a bilateral meeting between Lao delegation led by PM Thongloun Sisoulith and the Indonesian side led by President Joko Widodo. Memoranda of Understanding (MoU) were signed on […]
Read MoreSingapore-based Strides Transportation signed a joint venture agreement on October 12 in Yangon to provide limousine services in Myanmar’s commercial capital in early 2018. Under the partnership, SMRT Strides Toyotsu Alliance will take 60 percent of stakes in the joint venture, Toyota Tsusho Asia Pacific ( a member of the Toyota Group of Companies) and […]
Read MoreThe Internal Revenue Department (IRD) received total tax revenues of some K2.2 trillion between April 1 and September 30 of the current fiscal year. That is K500 billion more than what it collected during the same period last year. During the current government’s term, the number of taxpayers and tax revenue has increased, but the […]
Read MoreThe University of the Thai Chamber of Commerce (UTCC) has increased its forecast for GDP growth in 2017 to 3.9%, up from the previous forecast of 3.6% as hefty exports and a growing tourism industry support the upgrade. The UTCC also forecast exports this year to grow 7.5% in line with the Commerce Ministry outlook. […]
Read MoreThai oil consumption is expected to grow by 10% this year for both diesel and petrol as demand is increasing even as retail prices rise, says the Department of Energy Business (DOEB). DOEB director-general Witoon Kulcharoenwirat said retail prices of petrol and diesel have risen by around 2-3 baht per litre this year, but fuel […]
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