The controversy about a 1,000-baht departure tax on outbound Thais and foreign residents is only a legally obliged opinion survey and the tax will not be imposed, the Revenue Department said. Winit Wisetsuwannaphum, deputy director-general of the department, said on Sunday that the department did not plan to impose the departure tax of 1,000 baht for outbound flights […]
Read MoreThe State Bank of Vietnam (SBV) has recently issued two circulars to support businesses and the real estate market in particular. HÀ NỘI — The State Bank of Vietnam (SBV) has recently issued two circulars to support businesses and the real estate market in particular. The SBV on April 24 issued Circular No 02/2023/TT-NHNN that provides […]
Read MoreMANILA, Philippines — New York-based GlobalSource Partners now expects inflation to settle within the 5.5 to six percent range, after easing to an eight-month low of 6.6 percent in April. GlobalSource country analyst for the Philippines Romeo Bernardo said the latest inflation projection for 2023 was lower than the think tank’s forecast three months ago. […]
Read MoreBENGALURU, May 3 (Reuters) – Indonesian annual economic growth likely slowed to its weakest in more than a year in January-March and shrank on a quarterly basis as lower commodity prices hit exports and higher interest rates restricted domestic demand, a Reuters poll found. Southeast Asia’s largest economy grew 4.95% in the first quarter from […]
Read MoreThailand’s economy is expected to grow 3.0% to 3.5% this year, a leading joint business group said on Wednesday, unchanged from a previous forecast as the tourism sector gathers steam and exports remain weak. Exports are still projected to show zero to 1% growth in 2023, while the number of foreign tourist arrivals should reach 30 […]
Read MoreCambodia exported bicycles worth $ 278 million to foreign markets in the first quarter of 2023, a year-on-year increase of nearly 20 percent, the Ministry of Commerce said in a report on Tuesday. Ministry of Commerce’s Undersecretary of State and spokesman Penn Sovicheat said Made-in-Cambodia bicycles had been exported to the European Union, the United […]
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