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Thailand ‘violated customs law’

A World Trade Organisation (WTO) Panel has upheld the Philippines’ claims that Thailand has been violating international customs law. The dispute initiated by the Philippines in 2008 affects that nation’s exports of cigarettes to Thailand, according to a statement released on Friday at www.dti.gov.ph. Trade and Industry Secretary Ramon Lopez said: “This WTO dispute has been […]

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Vietnam consumer trend 2019 – Asia Plus Inc.

Vietnam is one of the world’s top economic performers when registering a 7% annual GDP growth rate in 2018. With the country’s macroeconomic stability, fast growing domestic consumer demand, competitive labor cost together with strengthening external trades, Vietnam will remain an attractive destination for business. This report explores Vietnam’s latest consumer trends in important sectors […]

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Thailand: Eased rules urged for tax on debentures

The Thai Bond Market Association (ThaiBMA) will ask the Finance Ministry to relax the regulations for tax collection on debentures. The association found that the complicated measures have affected the returns of investors. They suggested that tax collection should begin on the date of issue as opposed to the day of holding, said Tada Phutthitada, […]

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Vietnam: Hanoi retail market sees record occupancy rate

The Hanoitimes – The market posted net absorption of approximately 67,000 sq.m, a record figure over the past quarters The occupancy rate in Hanoi’s retail market in the second quarter (Q2) this year grew to 92% from 90% recorded last quarter. Accordingly, the market posted net absorption of approximately 67,000 sq.m, a record figure over […]

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Singapore retail sales fall for 4th straight month in May

SINGAPORE’S retail sales slumped 2.1 per cent year on year in May, worse than April’s 1.8 per cent but better than economists’ predictions of a 3.0 per cent decline, according to data from the Department of Statistics (Singstat) on Friday. This makes for a fourth consecutive monthly drop. Excluding motor vehicles, retail sales were down […]

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