MANILA, Philippines — The government is gearing up for the implementation of the fuel marking program this quarter, a measure which is seen to generate at least P5 billion in additional revenues this 2019, the Department of Finance (DOF) said. In a text message to reporters, Finance Secretary Carlos Dominguez said fuel marking operations are […]
Read MorePolitical uncertainty is a major risk sapping investor and consumer confidence and clouding the country’s economic outlook, the World Bank says. Domestic factors are the main risk to Thailand’s outlook for the rest of the year, said Kiatipong Ariyapruchya, the global lender’s senior economist for Thailand. Delays in the new government’s formation will postpone fiscal […]
Read MoreTaxes on imported cars from Europe to Vietnam will drop to zero per cent in the next nine to 10 years, creating new competitiveness in the automobile market. Deputy Minister of Industry and Trade, Tran Quoc Khanh made the statement at a press conference held in Hanoi on Thursday. Vietnam and the EU officially signed […]
Read MoreAs the US-China talks “pause” their tariff conflict, and other bilateral trade relations such as US-Japan and US-India continue to grab headlines at the recent G20 Leaders’ Summit in Osaka, we may look back at another Asian nation leaders’ summit of the ten Southeast Asia nations (ASEAN) in Bangkok, Thailand in June as the summit which made an […]
Read MoreThe Hanoitimes – Since early 2018 to date, F&N Dairy Investment and Platinum Victory have been competing with each other for the acquisition of 1% of Vinamilk stake, but their respective moves have failed to materialize. Singapore-based F&N Dairy Investments and Platinum Victory, a subsidiary of Hong Kong-based Jardine Matheson, announced their unsuccessful attempts to acquire […]
Read MoreSeveral challenges beset Thailand’s tourism industry in the first half of 2019, especially the fading China market after a slowdown stemming from the sluggish global economy and trade tensions between the world’s two biggest economies. The soaring baht against major currencies, including the yuan, is another worrying issue that could deter Chinese from travelling here. […]
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