MANILA, Philippines — Purchasing properties in the Philippines used to be a complicated process especially for prospective buyers and investors residing in other countries. For instance, overseas Filipino workers (OFWs) seeking to buy a house for their families were often daunted by the tedious paperwork involved. Similar concerns deterred potential property investors based abroad. All […]
Read MoreThe worldwide container shortage pinching global trade will be relieved in the second half of this year as trade picks up, according to CIMB Thai Bank’s research office. The shortage crisis blew up in mid-2020 when containers shipped to North America and Europe were stranded there by Covid-19 restrictions that meant almost nothing moved in […]
Read MoreThe Mong Cai border-gate economic zone will become a green, modern and sustainable coastal town, an area with a strategic and important position in terms of security and defense of the Red River delta and the country. Mong Cai, a district of the northern province of Quang Ninh, will be built into a national key […]
Read MoreThe Customs Department has approved the extension of tax waivers, including value-added tax on the value of vessels for all yachts arriving for another 2.5 years to support the country’s marine industry. According to Customs Department spokesman Chaiyut Kumkun, the approval issued on Feb 19 this year applies to both visiting yachts and temporarily imported […]
Read MorePETALING JAYA: The government’s latest stimulus package of RM20bil, dubbed the People and Economic Strategic Empowerment Programme (Pemerkasa), is expected to accelerate the recovery across several key economic sectors that have been affected following the second round of the movement control order (MCO) that began in January. Experts welcomed the targeted stimulus package, pointing out […]
Read MorePattaya is being touted by the government as likely to increase investment confidence in the Eastern Economic Corridor (EEC), with the city selected to host a Greater Mekong Subregion (GMS) logistics forum that can showcase Thailand as a hub of modern logistics in Asean. Organiser Thailand Convention and Exhibition Bureau (TCEB) said the geographical location […]
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