The General Department of Customs and Excise at the Ministry of Economy and Finance will not increase the value-added tax (VAT) on goods imported, despite acknowledging the loss in customs income due to the implementation of trade pacts. Facing a loss in customs income due to the implementation of FTAs, the GDCE is considering lowering […]
Read MorePETALING JAYA: The easing inflationary pressures will be positive on the consumer sector and lead to better margins ahead, supported by lower raw material costs and the stronger ringgit, says MIDF Research. The research outfit said raw material costs for food manufacturers dipped substantially from the peak in the second quarter of 2022 (2Q22) owing […]
Read MoreLuxury hotel operators are expecting the Chinese market to pick up stronger late this year as there were no notable bookings from the mainland in the first quarter. Ho Ren Yung, senior vice-president of brand and commercial at Banyan Tree Group, said the company has seen an increase in bookings driven by Chinese tourists from February, […]
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Thailand
