The crackdown on foreign workers may cause Thai rice exports to drop below the target of 10 million tonnes this year, with many migrants who work in the industry leaving the country. According to Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, shipments of Thai rice to other countries have been hit hard […]
Read MoreHANOI – Vietnam has outlined plans to boost revenues from rice exports over the next decade by focusing on a higher quality product and selling more outside Asia. The world’s third-biggest rice producer wants to boost production of higher-quality 5% and 10% broken rice and decrease output of 15% broken rice, according to a paper […]
Read MoreIn the second half of the last fiscal year, from October 2016 to March 2017, receipts from taxes on oil and natural gas extraction and income taxes were lower than expected. However, taxes on special goods and commercial tax including taxes collected from telecom operators was much higher than expected, totalling about K203 billion. The […]
Read MoreThailand’s top business group has raised its forecast for export growth to a new range of 3.5-4.5% after outbound shipments surged in April and May, but kept its economic growth projection at 3.5-4%. Despite the upward revision, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is pessimistic, believing export growth will slow the rest […]
Read More[KUALA LUMPUR] Malaysia’s exports likely rose for the seventh straight month in May, boosted by firmer prices and stronger demand for the country’s key commodities, a Reuters poll showed. The median forecast among 11 economists surveyed was for exports in May to climb 21.3 per cent from a year earlier. Estimates, however, were in a […]
Read MoreHANOI (AFP) – Officials in Vietnam’s traffic-choked capital Hanoi vowed yesterday to banish motorbikes by 2030 to ease environment and congestion woes, a decision that swiftly divided a city where two-wheelers are the main means of transportation. Hanoi is famed for legions of motorbikes – sometimes stacked with entire families or overloaded with deliveries – […]
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Thailand
