The first phase of the China-Laos Expressway from Vientiane to Vangvieng section (known as the Vientiane-Vangvieng Expressway) that is being jointly developed by Yunnan Construction and Investment Holding Group with the cooperation of the Laos government, has officially opened. The completion of the project will end the history of the absence of expressways in Laos. […]
Read MoreThe Board of Investment (BoI) yesterday approved additional measures including a 50% corporate tax deduction for five years for investment projects worth at least 1 billion baht to stimulate investment next year. According to BoI secretary-general, Duangjai Asawachintachit, the 50% corporate tax deduction incentive aims to stimulate real investment. She said the promotion will be […]
Read MoreCOVID-19 has affected the Kingdom’s automotive industry severely, with trade dropping nearly 40 percent compared with the previous year. According to the latest import and export statistics for the first nine months of this year, the volume of automobiles and motorcycles exported dropped by 34.1 percent and 39.5 percent respectively compared with year-to-date figures. Major […]
Read MoreThe Hanoitimes – Rapid urbanization and rising middle class are among the biggest drivers for the growth of Vietnam’s logistics sector. Logistics in Vietnam and Asia-Pacific reveal key trends that will continue to drive the growth of investment into the sector despite persistent short-term Covid-19 headwind. Indeed, logistics rents were largely flat in the second quarter […]
Read MoreThe Digital Economy Promotion Agency (Depa) has vowed to increase the GDP of the country’s digital industry by 1% or 6 billion baht next year through various support programmes. The commitment was spelled out by Depa president and chief executive Nuttapon Nimmanphatcharin in a recent press briefing about the agency’s 2021 vision. He said the […]
Read MoreDespite a surge of new infections in Samut Sakhon, food processors and seafood restaurants remain upbeat about food-related business prospects. Visit Limlurcha, president of Thai Food Processors Association, said Thai food processors are not yet concerned about the surge in new infections, adding other food-producing countries have been facing more serious outbreaks than Thailand. “[Thailand] […]
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