JAKARTA: Indonesia is tightening import rules for some consumer products including sport footwear, bicycles and air conditioning electronics, its trade ministry said, after a surge in imports in May and June. Import permits will be required and tighter document controls put in place over the importation of 11 types of products, after overseas purchases rose […]
Read MoreThe General Department of Customs and Excise at the Ministry of Economy and Finance has given a final notice to non-taxed vehicles and goods owners to declare their ownership of Sept 28, according to an announcement from the customs and excise. Those goods were confiscated and kept in temporary storage or customs-bonded warehouses. The non-taxed […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) is requesting the Department of Agriculture (DA) to lift the ban on imports of poultry meat from Brazil to avoid a possible shortage and increase in prices of processed meat products, including canned meat. Trade Secretary Ramon Lopez said during the Laging Handa briefing that […]
Read MoreThailand’s tourism industry will face greater risks next year if the government continues to restrict foreign travellers from entering the country, says the Bank of Thailand. Foreign arrivals could be downgraded from a projection of 8 million this year and 16 million next year given the deflated tourism outlook, said Don Nakornthab, senior director of […]
Read MoreBUSINESSES are growing wary of what may seem like protectionist suggestions to keep the Singaporean core in professionals, managers and executives (PMEs) jobs, which some say could backfire in the broader scheme of things. On Monday, Member of Parliament Patrick Tay called for the minimum qualifying salary for Employment Pass (EP) holders in the infocomm […]
Read MoreBusinesses are doing their best to manage the challenges and look for some opportunities from free trade agreements and COVID-19. Amidst the global recession caused by COVID-19, Vietnam continues to show signs of growth, with the World Bank’s latest report projecting Vietnam’s GDP to grow by 2.8 per cent this year if the global situation gradually […]
Read More
Thailand
