Thai businesses are ramping up ties with their Myanmar counterparts in five main areas — agriculture, border trade, energy, industrial development and tourism — to tap into vast investment opportunities in the neighbouring country. Panitarn Pavarolavidya, chairman of Thai-Myanmar Business Council, said the council’s first meeting held in Yangon on Feb 3 focused on the proposed […]
Read MoreAsian currencies rose on Tuesday as the resignation of US President Donald Trump’s national security adviser dented the dollar, with the South Korean won getting an additional lift as local exporters sold the greenback. The won outperformed its regional peers and closed onshore trade at 1137.4 per dollar, rising 1.2 percent on the day. […]
Read MoreMANILA, Philippines – The operator of the Mactan-Cebu International Airport (MCIA) is aiming for a 12 percent increase in passenger arrivals at the airport this year amid efforts to promote the opening of new routes. In a statement yesterday, GMR-Megawide Cebu Airport Corp. (GMCAC) said the MCIA is targeting to hit 10 million passenger arrivals […]
Read MoreTEMPO.CO, Jakarta – The government has changed the Regulation of the Finance Minister (PMK) No.140/PMK.010/2016 to PMK No. 13/PMK.010/2017 on Export Goods Subject to Export Duty and Export Duty Rate. “The background of the new PMK is to push for the acceleration of improved domestic mineral added value,” the head of Fiscal Policy Agency, the Finance […]
Read MorePHNOM PENH – Six provinces will soon have merchandised quality control offices, also known as sanitation and phyto-sanitation (SPS) offices, to monitor and prevent poor-quality imported products, meat and vegetables from flowing across the border into Cambodia. The establishment of the offices comes after an inflow of poor-quality products from neighbouring countries containing bacteria or […]
Read MoreThe land and buildings tax to be levied on vacant land will increase by 0.5 percentage points every three years until it is capped at 5%, says Deputy Finance Minister Wisudhi Srisuphan. The change in taxation is aimed at prompting landlords to use their land. The incremental tax rate will take decades to hit the […]
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Thailand
