WITHOUT a stronger focus on tackling non-tariff barriers, Asean will not accomplish the objectives of the Asean Economic Community (AEC) and will fail to meet the targets in the AEC Blueprint 2025, warns a June 22 report. Jointly commissioned by the European Union-Asean Business Council (EU-ABC) and the Asean Business Advisory Council (Asean BAC), the […]
Read MoreThe Food and Drug Administration (FDA) defended its draft regulations on the licencing and advertising of marijuana-based medications, saying that the regulations “were not designed to benefit large, foreign pharmaceutical companies”. The FDA issued the statement in response to a remark made by former senator, Rosana Tositrakul, through which she asked whether the ministerial regulations […]
Read MoreMANILA, Philippines — The national government’s spending for debt payments almost doubled in April as both amortization and interest payments increased during the month, according to the Bureau of the Treasury. According to the latest cash operations report of the BTr, the national government settled P53.84 billion of its debt last April, 93.35 percent higher […]
Read MoreMany foreigners were shocked by the 25 March 2019 enforcement of the TM30 regulations requiring reporting of location of stay of foreigners visiting, living or working in Thailand. Even more will get their shock when they learn of the consequences of failure to report, in most cases knowing nothing about the regulatory enforcement. The basic […]
Read MoreBANGKOK, 23 June 2019 (NNT) – Representatives from the private sector in the Association of Southeast Asian Nations (ASEAN) and the European Union (EU) held a business dialogue and resolved that ASEAN should adjust certain rules and regulations to be in line with international standards to facilitate trade in the region. The EU-ASEAN Business Dialogue […]
Read MoreFinance Minister Sri Mulyani Indrawati has expressed concern about a slowdown in tax revenue this year. By the end of May, the state had collected Rp 727.7 trillion (US$51.52 billion) from taxes and customs, or 31.9 percent of the full-year target stipulated in the 2019 state budget. That marked a year-on-year (yoy) increase of only […]
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