Central Pattana Plc (CPN), the SET-listed retail and property developer under Central Group, has teamed up with Malaysian partners to open a co-working space business in Thailand next year. The partnership aims to increase customer traffic at malls as online shopping proliferates in Thailand, augmenting CPN’s office building business, and growing long-term income. Isareit Chirathivat, […]
Read MoreSINGAPORE ranks top in the Asia-Pacific region for its advanced open banking readiness, a survey released on Wednesday by global financial software provider Finastra has found. The Finastra Inaugural Open Banking Readiness Index measured 146 top banks across 14 markets in the region on five dimensions – adoption of application program interfaces (APIs), fintech/third-party ecosystem, the state of data-based […]
Read MoreCHIANG KHONG – As the trade war with the U.S. intensifies, China is looking to strengthen commercial ties with countries in the Mekong region of Southeast Asia by setting up a free-trade zone on the border between Thailand and Laos. In the planned zone, Beijing will waive tariffs and value-added tax on imports from countries that […]
Read MoreHANOI (AFP) – Vietnam yesterday became the seventh country to ratify a sprawling Pacific trade pact set to come into effect later this year, despite US President Donald Trump’s pullout from a deal he decried as a ‘job killer’. Eleven countries revived a slimmed-down version of the Trans-Pacific Partnership (TPP) without Washington, though the new pact […]
Read MoreKUALA LUMPUR (Bernama) – The Malaysian government’s decision to impose excise duty on sweetened beverages beginning April 1, 2019 is too early and should be done in phases, said Fraser and Neave Holdings Bhd (F&N) Chief Executive Officer Lim Yew Hoe. He said this was due to the difficulty in finding alternatives to sugar. “We […]
Read MoreThe government is in the process of issuing a new regulation on coal miners, which is aimed at strengthening the position of the government. Under the planned regulation, contracts of work (PKP2B) will be replaced by the special mining permit (IUPK). Energy and Mineral Resources Ministry mineral and coal Director General Bambang Gatot Ariyono said the planned regulation was part […]
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Thailand
