Explore the challenges faced by the industry, including traffic congestion and the need for developing inland waterways and discover potential solutions to unlock the country’s burgeoning economic zone. Việt Nam has the potential to become a global trade hub due to its favourable geography and free trade agreements. However, inadequate transport infrastructure and connectivity are […]
Read MoreMANILA, Philippines — The Philippine Retailers Association (PRA) is pushing for the implementation of a value-added tax (VAT) refund scheme for foreign tourists to encourage more tourist spending in the country. In an interview with reporters, PRA chairman Paul Santos expressed support for the implementation of a VAT refund system for tourists, emphasizing that the […]
Read MoreThe domestic diesel price should decrease by 0.5 baht a litre to around 32 baht on May 15 in response to falling global oil prices, says the Oil Fuel Fund Office (Offo). This marks the sixth in a series of reductions of diesel prices since early February, when the retail price in Thailand was 34.94 […]
Read MoreDung Quất oil refinery will be expanded to raise its capacity to 171,000 barrels per day, up from 148,000 barrels, with a total investment of US$1.26 billion. HCM CITY — Dung Quất oil refinery in the central province of Quảng Ngãi will be expanded to raise its capacity to 171,000 barrels per day, up from 148,000, with a […]
Read MoreVIETNAMESE lawmakers on Tuesday (May 9) urged the central bank to consider cutting policy rates further to support the economy and help the country meet its economic growth target for the year. Vietnam’s growth slowed from 5.92 per cent in late 2022 to 3.32 per cent in the first quarter of 2023, prompting the State […]
Read MoreTEMPO.CO, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati estimated that the country’s economic growth in 2023 will remain strong and even has the opportunity to grow above 5 percent. For the first quarter of 2023, she explained, the figure reached 5.03 percent, better than the fourth quarter of 2022 which was 5.01 percent. “It’s triggered by the […]
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Thailand
