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Thailand: State to ask Hanoi to review sugar tax

Thailand looks set to ask Vietnam to review its punitive measures on Thai sugar and open a new investigation next year after Vietnam ruled to impose an anti-dumping (AD) levy of 47.64% on some sugar products from Thailand. Keerati Rushchano, director-general of the Foreign Trade Department, said that after one year of Vietnam imposing the […]

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Thailand: Meeting set to address household debt issue

The Finance Ministry, the Bank of Thailand and state-owned banks will hold a meeting soon to find ways to help ease the hardship caused by the pandemic among individual borrowers, said Deputy Finance Minister Santi Promphat. He said the meeting will focus on how to reduce the banks’ interest rates. If the interest is still […]

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Malaysia: GDP to grow 4% this year, predict economists

PETALING JAYA: Economists have projected Malaysia’s gross domestic product (GDP) to grow around 4% in 2021 following the announcement of the National Recovery Plan (NRP). United Overseas Bank (M) Bhd (UOB Malaysia) senior economist Julia Goh (pic below) and economist Loke Siew Ting said the estimated period under the planned phases was in line with […]

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