SINGAPORE: Online shopping in Singapore is lacklustre even after Amazon.com Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way. With some of the nation’s biggest mall operators reporting falling rents and rising vacancies, landlords, just like those elsewhere in Asia and the United States, are being forced […]
Read MoreThe cancellation of the Everything But Arms (EBA) scheme would severely affect trade, investor sentiment, and the overall economy followed by a possible sovereign rating downgrade, while Cambodia’s strong ties with the EU makes it vulnerable to disruptions in trade relations, said experts. In an interview with Khmer Times, RAM Ratings Services Bhd sovereign ratings head, […]
Read MoreJAKARTA:Malaysian palm oil futures suffered their biggest fall in more than 21 months on Monday after Indonesia, the world’s top palm oil producer, announced measures to increase shipments. The sharp drop in palm oil prices in late trading was in direct response to the announcement that Indonesia will help palm oil exporters by reducing its export levy to zero from $50 a tonne previously, traders said. Until now the Indonesian levy had […]
Read MoreKasikornbank (KBank) is expanding its presence in Laos as part of the bank’s regional outreach plan, targeting loan growth in the country to reach 3 billion baht next year. Given Laos’ economic growth potential, the bank targets loans to reach 3 billion baht, deposits 2 billion, and trade finance transactions 18 billion in 2019, said Pattanapong Tansomboon, […]
Read MoreThe Hanoitimes – Foreign direct investment (FDI) commitments in the first 11 months totaled US$30.8 billion, equivalent to 93.2% of the same period last year, according to the investment ministry. As of November 20, disbursement of FDI projects in Vietnam jumped to US$16.5 billion, representing an increase of 3.1% year-on-year, as the US and China have […]
Read MoreHaving friends know you are a tax professional in public practice makes you their go to person for any clarification and, at the same time, be the recipient of their apprehensions. This happened to me when Revenue Memorandum Circular (RMC) No. 50-2018 was issued. The RMC further clarified the new income and withholding tax provisions of Republic […]
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Thailand
