Thailand’s gem and jewellery exports excluding gold are expected to grow by 15%-20% this year, driven by the global economic recovery and increasing economic activities as well as less severe symptoms caused by the Omicron variant. Sumeth Prasongphongchai, director of the Gem and Jewelry Institute of Thailand (GIT), said many Thai trading partners adjusted their […]
Read MoreMANILA, Philippines — AirAsia Aviation Group is gearing up to introduce air taxi services in key markets in Southeast Asia, including the Philippines, in partnership with Dublin-based aircraft leasing company Avolon. AirAsia and Avolon have signed a non-binding memorandum of understanding wherein the low-cost carrier will lease a minimum of 100 VX4 electric vertical take-off […]
Read MoreVietnam currently has five USD billionaires and may have six by 2025. With the rise of the rich, the Vietnamese market will be a fertile land for luxury brands. The third Prestige 520 luxury yacht priced at least VND 33 billion (over $1.4 million) was recently handed over to its owner in HCM City. Other […]
Read MoreCAMBODIA has now introduced new laws on investments in its bid to attract more foreign investors into the country. A special briefing session was held yesterday between the Malaysian Ambassador to Cambodia Eldeen Husaini Mohd Hashim, Cambodian Ambassador to Malaysia Cheuy Vichet with special keynote remarks by the Minister attached to the Prime Minister Secretary-General […]
Read MoreBy increasing its 7% goods and services tax, which was last raised in the go-go days of 2007, the city-state’s economy will mark a return to business as usual. When Singapore’s goods and services tax last went up in 2007, the city’s economy was basking in the warm glow of sizzling global growth. The SARS […]
Read MoreJAKARTA (Reuters) – Indonesia posted an $844 million deficit in its balance of payments in the final quarter of 2021, due to capital outflows from its bond market, the central bank said in a report on Friday. The current account surplus also shrank to $1.42 billion in the October-December quarter, equivalent to 0.4% of gross […]
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Thailand
