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Thailand: Exports of rice likely to keep growing

Demand for Thai rice in the international market remains strong, with Commerce Minister Jurin Laksanawisit expecting the country’s exports to potentially increase to 8 million tonnes this year. Speaking after a discussion with the Thai Rice Exporters Association, Mr Jurin said on Monday that the weak baht, increased stocks for domestic consumption in India and Vietnam, and […]

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Singapore extends investment promotion tax incentives; raises quantum for Global Investor Programme

SINGAPORE is extending several investment promotion tax incentives for another five years, even as it prepares to implement global tax rule changes. But separately, individuals will need to invest more to become permanent residents (PRs) under the Global Investor Programme (GIP). The Pioneer Certificate, Development and Expansion Incentive, and Investment Allowance tax incentives will all […]

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Thai consumption keeps increasing amid recovery

Private consumption improved in January, according to the Fiscal Policy Office’s director-general Pornchai Thiraveja. He said the consumer confidence index rose for the eighth consecutive month to 51.7 in January, from 49.7 a month earlier. Headline inflation and core inflation in January were 5.02% and 3.04%, respectively. “The Thai economy in January was supported by the […]

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