India is preparing to help celebrate 25 years of relations with Asean in style with a plethora of meetings, summits, fashion shows, IT events and business fairs in the country and abroad throughout this year. It began in February this year with the Indian Telecom Equipment and Services Export Promotion Council (TEPC) hosting telecom representatives […]
Read MoreMANILA, Philippines – Dutch financial giant ING Bank expects a slower growth of six to 6.2 percent for the Philippine economy in the first quarter due to moderate government spending and higher unemployment. Joey Cuyegkeng, senior economist at ING Bank Manila, said the investment bank’s gross domestic product (GDP) growth forecast for the first quarter […]
Read MoreExports from Thailand and Malaysia will continue to grow thanks to the rapid economic expansion driving demand in the CLMV (Cambodia, Laos, Myanmar and Vietnam) countries and weak currencies, while economic recovery in both countries will continue to support bilateral trade, say experts. Malaysia’s economy is projected to expand by between 4% and 4.5% this […]
Read MorePeople owning second homes may face land and buildings taxes in the range of 0.03-0.1% of the appraisal price, depending on the value of the property, says an informed source at the Finance Ministry. Second homes will be charged from 0.03% for those with appraisal prices of up to 50 million baht, 0.05% for homes […]
Read MoreSINGAPORE (Xinhua) – Singapore’s manufacturing output increased 12.6 per cent year-on-year in February, said the country’s Economic Development Board (EDB) on Friday. Excluding biomedical manufacturing, output grew 17.1 per cent, said EDB in the press release. On a seasonally adjusted month-on-month basis, manufacturing output decreased 3.7 per cent compared to the previous month. Excluding biomedical […]
Read MoreForeign direct investment (FDI) in Vietnam surged to US$7.71 billion in the first quarter of 2017, exceeding the amount during the same period in 2016 by 91.5 per cent. Figures released Friday by the planning and investment ministry’s Foreign Investment Agency (FIA) showed that during this period, there were 493 newly approved projects with a […]
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Thailand
