SINGAPORE, Sept 8 — With the increased scrutiny on the issue of foreign talent in Singapore leaving some companies anxious, Trade and Industry Minister Chan Chun Sing today reassured businesses that Singapore will continue being open to top international talent. “Let me be clear — we want the world’s best and brightest to be with […]
Read MoreThe regional textile industry has come under near-term threat from the global Covid-19 outbreak, especially for key producer Cambodia. Sian Fenner, lead Asia economist at Oxford Economics, noted in a recent report that lockdowns adopted to contain the spread of the virus “have had a severe impact on manufacturing and exports” in Cambodia, Laos, Myanmar […]
Read MoreThe government is being urged to speed up tackling rising logistic costs for exporters and boosting the country’s overall export competitiveness. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said exporters are feeling the pinch from logistics costs, particularly for maritime transport as freight rates have risen on a continuous basis, especially for […]
Read MoreManagement consulting company Redseer projected Indonesia’s online retail gross merchandise value (GMV), which indicates overall sales value, to surpass India’s this year, driven by a new cohort of e-commerce users amid the pandemic. Redseer Southeast Asia partner Roshan Raj Behera said Indonesia’s 2020 e-commerce GMV will reach US$40 billion this year, the third-highest in the world and higher […]
Read MoreThe agreement that Cambodia signed on double-taxation avoidance (DTA) with Malaysia on Sept 3, 2019, during the visit of Malaysian Prime Minister Tun Dr Mahathir Mohamad to Phnom Penh has been finally ratified by Malaysia. Under the DTA, double taxation will be avoided in that any tax paid in Cambodia by Malaysian companies in accordance […]
Read MoreDa Nang has called for total investment of VND47.5 trillion (US$2 billion) from the State Budget and foreign sources for the development of 38 projects between 2021-25, focusing on transport and traffic. Director of the city’s planning and investment department, Tran Phuoc Son, said 77 per cent of the proposed investment would come from international […]
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Thailand
