THE Department of Foreign Trade aims to increase the percentage of Thai businesses cashing in on tax incentives under the Asean Free Trade Agreement (Afta) to 70 per cent this year, up from 63.04 per cent in 2017. “Our job is to let Thai people know that they have the opportunity to export to other […]
Read MoreUnionPay, a Chinese provider of electronic payment services, is looking to play a bigger role in Cambodia’s expanding digital economy. In a meeting with Aun Pornmoniroth, the Minister of Economy and Finance, UnionPay’s president Shi Wenchao said the company is conducting a study on investment opportunities in Cambodia. He said Cambodia is now developing the […]
Read MoreTrade Minister Enggartiasto Lukita has announced that the government will tighten import restrictions on a number of goods, namely alcoholic beverages, tires, iron, steel, textiles and textile products. He said the imported goods would have to enter the country through bonded logistic centers (PLBs) in an attempt to prevent smuggling. “These commodities must pass through PLBs […]
Read MoreTHE recent cooling measures have “indeed weakened market sentiments and demand” by raising the barriers for entry for “all categories of buyers”, said Real Estate Developers’ Association of Singapore (Redas) president Augustine Tan at the group’s annual mid-autumn festival lunch on Wednesday. Nearly 46,000 private residential units could be available for sale between 2019 and 2020, which would take around […]
Read MoreThe Hanoitimes – The central bank has proposed issuing detailed regulations on foreign shareholding limit in the country’s fintech firms to better manage the nascent financial services sector. Experts have said that it is good for Vietnam as foreign investors are interested in the country’s fintech industry thanks to its high growth potential. As Vietnamese fintech […]
Read MorePETALING JAYA: Populist policies introduced by the government, along with an expanding economy and low levels of inflation and unemployment, have boosted consumer spending in 2018. Fitch Solutions Macro Research said high frequency indicators also pointed to the health of the Malaysian consumers, with consumer confidence and retail sales picking up since the beginning of […]
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Thailand
