The Tourism Authority of Thailand (TAT) expects a weak New Year period with just 8.04 billion baht in tourism revenue, due to concerns over the Covid-19 Omicron variant. “Concerns over a possible outbreak of the new Omicron variant have affected local tourists’ plans for the New Year holiday, but younger generations continue to travel as […]
Read MoreThe total new, adjusted capital and share purchases by foreign investors reached 31.15 billion USD as of December 20, up 9.2 percent annually, reported the Foreign Investment Agency (FIA). Specifically, as many as 1,738 projects received investment licenses with a total registered capital of over 15.2 billion USD, down 31.1 percent in volume and up […]
Read MoreKUALA LUMPUR: Malaysia’s complete trade surpassed the RM2 trillion mark for the primary time in historical past, increasing 24.6 per cent year-on-year (y-o-y) to RM2.01 trillion from January to November 2021. Malaysia External Trade Development Corporation (Matrade) mentioned throughout the interval, exports elevated by 25.7 per cent y-o-y to RM1.11 trillion, imports rose by 23.3 […]
Read More[JAKARTA] Indonesia’s crude palm oil output is expected to rise 2.6 per cent next year to 51.01 million tonnes from a 2021 estimate of 49.71 million tonnes, head of the Estate Crop Fund Eddy Abdurrachman said on Tuesday (Dec 28). Demand in 2022 for exports was seen rising to 27.9 million tonnes, versus 27.08 million […]
Read MoreThis year, tax revenue was estimated at VND1,510 trillion ($66.1 billion), exceeding the year’s estimate by 12.47%. The upcoming tax cut package for businesses and people affected by the pandemic in 2022 could worth up to VND60 trillion (US$2.62 billion), nearly triple the size of a similar program this year, or VND21.6 trillion ($945 million). […]
Read MoreThe Commerce Ministry has set the export growth target at only 3-4% for next year, slightly lower than projections by private organisations, citing a spate of persistent risk factors such as prolonged Covid-19 outbreaks, stiffer measures for public health and the environment and a shortage of labour and semiconductors. Commerce Minister Jurin Laksanawisit said the […]
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