Proposed incentives to encourage mergers, combined with new banking standards, could lead to greater consolidation within Thailand’s banking sector, which the government hopes will strengthen lenders and complement plans to fast-track industrial growth. In December, Finance Minister Apisak Tantivorawong said his ministry was considering a plan to make mergers more appealing by offering tax incentives to local […]
Read MoreNet foreign direct investments (FDI) reached an all-time high of $10.049 billion in 2017, the Bangko Sentral ng Pilipinas (BSP) reported on Monday, up by 21.4 percent year-on-year and exceeding the full-year target of $8 billion. “Investors continue to view the country as a favorable investment destination on the back of … sound macroeconomic fundamentals and growth […]
Read MoreEurowindow, the Vietnamese doors and facades maker, will open a representative office and showroom in Yangon, its first ever overseas office, on March 16. It is also planning to build a factory to meet anticipated market demand in 2019. Eurowindow products have been widely used by thousands of customers and investors in tens of thousands […]
Read MoreShopee’s press release said the Mall offers 100 per cent authenticity guarantee, free shipping and 15 days return on all products, with an additional wave of unbeatable deals and promotions during the grand launch. Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has officially launched ‘Shopee Mall’, a new dedicated portal featuring thousands […]
Read MoreRESALE prices of condominiums and private apartments in Singapore continued to accelerate last month surpassing the last peak in prices seen in January 2014, according to flash estimates from SRX Property on Tuesday. Prices in February climbed 1.9 per cent from the previous month – higher than the 1.3 per cent month-on-month price rise seen […]
Read MoreThe government is mulling offering additional tax incentives and discount tour packages to lure the elderly to take part in more domestic travel. Deputy Prime Minister Somkid Jatusripitak, who chaired a meeting of the National Tourism Policy Committee Monday, said the Tourism Authority of Thailand (TAT) will team up with tour companies to launch discount tour […]
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Thailand
