MANILA, Philippines — Farmers lost around P68 billion due to the effects of the Rice Tariffication Law, which saw the influx of more imported rice. The Federation of Free Farmers said losses of rice producers exceeded the gains of consumers by as much as P34 billion in the first year of implementation of the law. […]
Read MorePETALING JAYA: The Covid-19 outbreak may have yet another casualty on its hit list: corporate tax collections to the national coffers. Sources told StarBiz that there is an issue that would likely come up now with projected corporate tax collections, the main driver of government revenue, expected to fall. The corporate tax collection could be […]
Read MoreAfter years of hype, hope and techno-futuristic promises, Thailand will finally see the beginnings of the fifth generation of wireless broadband as the nation’s telecoms bet big on 5G. On Feb 16, the three major mobile operators and two state telecom enterprises bid a combined 100 billion baht at the auction for the spectrum required […]
Read MoreThe Hanoitimes – Vietnam’s localization rate for passenger cars of under nine seats is 7 – 10%, much lower than the target of 35 – 45% set for the car industry 20 years ago. Vietnam’s car market ranks fourth in the Southeast Asia in terms of sale s volume and domestic production capacity, according to Asean […]
Read MoreThe value of exports for Brunei Darussalam in November 2019 exceeded BND1 billion for the first time since 2014. This was due to newly exported petroleum and gas products from the downstream activities as one of the main contributors for exports. Exports rose by 44.5 per cent year-on-year to BND1,113.9 million compared to BND771.1 million […]
Read MoreAn industrial zone project within the Kyaukphyu Special Economic Zone (SEZ) in Rakhine State will be developed for US$30 billion, deputy commerce minister U Aung Htoo told Pyithu Hluttaw this week. CITIC Consortium from China owns 51 percent of the industrial zone while the Myanmar government owns 49pc, he said. The industrial zone will be […]
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Thailand
