A tax reform committee has agreed to revoke the value-added tax (VAT) exemption for online purchases of goods worth up to 1,500 baht from vendors outside of Thailand that are shipped by mail, aiming to provide a level playing field with local operators. “The issue will be forwarded to policymakers and the government,” said Prasong […]
Read MoreMore than 70 representatives from Indonesian and Cambodian companies attended a business forum in Phnom Penh yesterday to explore business opportunities and seek new partnerships in the Kingdom. It was the second such forum hosted by the Embassy of the Republic of Indonesia. The first one was held in March. The forum was attended by […]
Read MoreMANILA, Philippines — The Philippines is now relying more on food imports to ensure sufficient supply and stabilize prices, according to recently released data by the Philippine Statistics Authority (PSA). The Food Balance Sheets (FBS) for 2016-2018 showed that the import dependency ratio (IDR) for food has risen steadily to 29.16 percent in 2018 from […]
Read MoreThe Hanoitimes – Vietnam’s economy is expected to grow 6.8% this year before slowing to 6.5% in the next few years. The foreign sector and domestic consumption remain the main drivers of Vietnam’s stellar economic expansion over the past years amid slower credit growth and sluggish disbursement of public investment, a senior World Bank (WB) economist […]
Read More[JAKARTA] A proposal by Indonesia’s new fisheries minister to remove a cap on exporting baby lobsters has come under fire, with critics saying it could deplete stocks around the archipelago and boost the fishing industry in competitor countries. Fisheries Minister Edhy Prabowo, who was appointed by President Joko Widodo in October, has said reopening exports […]
Read MorePRICES of private homes in Singapore are expected to show modest growth over the next two years, riding on macro-prudential measures and stable mortgage performance, anchored by strong household finances. This is according to the latest findings from Fitch Rating’s Global Housing and Mortgage Outlook report. Overall, the rating agency expects nominal home price growth […]
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Thailand
