Vietnam’s foreign capital perspective is being pressured by incentives from other nations to encourage their own investors to return home. The second annual report on foreign investment in Vietnam for 2022 released earlier in March by the Vietnam’s Association of Foreign Invested Enterprises noted that the United States has decreased corporate income tax from 25 […]
Read MoreExports are forecast for a deeper contraction of 1.2% this year, attributed to the global economic slowdown and the banking debacle in the US and Europe, according to Kasikorn Research Center (KResearch). The centre downgraded its export outlook for 2023 from a previous contraction of 0.5%, citing the US economy’s slower growth and the ongoing banking crisis […]
Read MoreKao Kim Hourn, Secretary General of the Association of Southeast Asian Nations (ASEAN), has commended Indonesia, Chair of the bloc in 2023, for raising priority economic deliverables (PEDs) that are forward-looking and expected to encourage stronger regional economic cooperation. Jakarta (VNA) – Kao Kim Hourn, Secretary General of the Association of Southeast Asian Nations (ASEAN), has […]
Read MoreSINGAPORE – Singapore’s manufacturing recession worsened in February as production shrank for a fifth straight month, according to data released by the Economic Development Board on Friday. Factory output slumped 8.9 per cent year on year in February, after falling a downwardly revised 3.1 per cent in January. February’s contraction was worse than the 1.9 per cent […]
Read MoreDomestic car and motorcycle sales may bear the brunt if Thai financial institutions are affected by the risk of failed banks in the US and Europe, says the Federation of Thai Industries (FTI). The concern was raised after US and European banking executives and regulators stepped in to save California-based Silicon Valley Bank, New York-based Signature […]
Read MoreThe Ministry of Public Security (MPS) will propose to the National Assembly adding an amendment of the visa and e-visa policy to the National Assembly’s general resolution at the nearest upcoming session (May 2023). This will give a basis for the government to apply the plan to develop tourism, especially in attracting foreign travelers. At […]
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Thailand
