The Finance Ministry expects to introduce a value-added-tax on electronic businesses next year, aiming to collect between 3 billion to 4 billion baht a year, a ministry official said on Monday, tapping a boom in e-commerce in the country. The tax is expected to seek parliamentary approval this year, Ekniti Nitithanprapas, director-general of the Revenue […]
Read MoreThe Consumer Price Index (CPI in June 2019 recorded a decreased by 0.7 per cent year-on-year compared to June 2018, according to a press release from the Department of Economic Planning and Development (JPKE), Ministry of Finance and Economy. Prices of Food and Non-Alcoholic Beverages decreased by 0.5 per cent. Non-Food prices also decreased by […]
Read MoreThe Hanoitimes – The proposed investment is the latest example of a top-notch regional brand deepening its commitment to Vietnam, one of Asia’s fastest growing economies. Singapore-based ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market, Reuters reported. The proposed investment is […]
Read MoreSINGAPORE – Singapore’s manufacturing output in July contracted for the third consecutive month, but beat analysts’ forecasts by a mile with a decline of just 0.4 per cent over July last year. Analysts polled by Bloomberg had expected a 5.8 per cent slump. The sector’s performance last month also improved markedly from the 8.1 per […]
Read MoreThe baht continues to be strong while the escalating trade war and violent protests in Hong Kong cause Asian stock markets to slide. The Hang Seng Index shed more than 3 per cent at some point this morning (August 26) as investors worried about a new round of trade tensions between the. United States and […]
Read MoreGovernments must play an active role in reskilling and up-skilling Asean’s labour force to prepare for the impact of digital disruption on the labour market, experts are urging. A key challenge from the digital disruption is the need to re-skill and up-skill human capital, starting from the government sector, said Christian Viegelahn, a labour economist […]
Read More
Thailand
