KUALA LUMPUR: Malaysia is the only beneficiary of foreign inflows last week, according to MIDF Research. “We note that Malaysia was the only beneficiary of inflows last week among four Asean markets we track,” it said in its weekly fund flow report. The research house noted that international funds staged a commendable return to stocks […]
Read MoreMANILA, Philippines — The country’s trade deficit likely widened anew in February as imports remain elevated as part of the government’s massive infrastructure program, according to British banking giant HSBC. HSBC said the trade shortfall of the Philippines may hit $3.72 billion in February, 12 percent wider than the previous month’s $3.32 billion. “We expect […]
Read MoreMANILA, Philippines — The sale of goods and services to Philippine Economic Zone Authority (PEZA) entities will remain subject to zero percent value added tax, clearing a confusion over President Duterte’s line veto of zero VAT rating on the sale of goods and services to separate customs territories under the TRAIN Law. The Philippine Exporters […]
Read MoreConsumer confidence dropped for the first time in seven months in February, as people were worried about low commodity prices, the baht’s strength, the political situation and wage rises. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), February’s consumer confidence index stood at 79.3, down from 80 in January, […]
Read MoreVIENTIANE, March 9 (Xinhua) — The Lao Ministry of Post and Telecommunications has named the development of e-commerce as one of its core strategic goals over the next 10 years. According to the long-term development plan, which has been posted on the ministry’s website, Laos will complete the construction of essential Information and Communications Technology […]
Read MoreThe Ministry of Mines and Energy announced that 88 percent of villages nationwide will be electrified by the end of the year, setting the government on its way to achieve its goal of connecting every village in the country to the national grid by 2020. According to Victor Jona, director-general of the electricity department, by […]
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Thailand
