KUALA LUMPUR, May 18 — Since ramping up its production efforts, Malaysian manufacturers are now able to produce up to five million pieces of personal protective equipment (PPE) and are able to further increase their output. Malaysian Plastics Manufacturers Association (MPMA) president Datuk Lim Kok Boon said the national manufacturing sector takes pride in its […]
Read MoreAny trade benefit cuts by the United States for six categories of rice products would only slightly affect Thailand’s exports, according to a senior commercial official and a rice exporter. Keerati Rushchano, director-general of the Foreign Trade Department, said if Washington decides to remove these products from the Generalised System of Preferences (GSP) programme, the […]
Read MoreInstead of following procedures to become nvestors, foreign enterprises are preferring to ‘take a shortcut’ by taking over Vietnamese businesses, which allows them to penetrate the market more quickly. A report about foreign investment in HCMC City showed an increase in the number of cases of foreign investors buying into Vietnam’s enterprises. The figure accounts […]
Read MoreAs countries impose or strengthen social distancing measures due to Covid-19, a significant majority of consumers have turned to contactless card payments for necessary purchases, according to consumer polling by Mastercard. Citing safety and cleanliness, 79% of people worldwide and 91% in Asia Pacific say they are now using tap-and-go payments. Polling by Mastercard, studying […]
Read MoreThe Hanoitimes – With fewer concerns about currency and external stability, Vietnam’s central bank is likely to be more comfortable with delivering interest rate cuts to support growth. While the Vietnam’s economy has been hit hard by the Covid-19 pandemic, the country is in a relatively strong balance of payments (BOP) position to defend itself amid […]
Read MoreMANILA, Philippines — The Philippine Exporters Confederation Inc. (Philexport) is supporting a proposal to immediately cut the corporate income tax (CIT) rate to 25 percent to help businesses weather the economic fallout of the coronavirus disease 2019 or COVID-19 pandemic. Philexport president Sergio Ortiz-Luis Jr. said the group supports the immediate reduction of the CIT […]
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Thailand
