Commerce Minister Sontirat Sontijirawong ordered the Department of Intellectual Property (DIP) to reject a patent request for cannabis extracts, after facing pressure from an advocacy group. It was one of the 11 patent requests earlier lodged with the DIP, he said. Of the 11 requests, two have already been withdrawn. Deliberation of the other eight were […]
Read MoreSINGAPORE: Singapore is expected to report slower third-quarter economic growth than initially thought, a Reuters poll showed, as the manufacturing sector faces strains from weaker global demand and an intensifying trade dispute between the United States and China. The government’s finalised gross domestic product (GDP) was forecast to rise 4.2% in July-September from the quarter […]
Read MoreMANILA, Philippines — The Department of Budget and Management (DBM) yesterday gave assurance that the national government would not breach its 2018 fiscal deficit ceiling on the back of higher revenue in the fourth quarter of the year. Budget Secretary Benjamin Diokno is confident that the deficit-to-gross domestic product (GDP) ratio would not exceed the […]
Read MoreMicrosoft, Google and other major technology companies have promised to help provide training in digital skills for around 20 million people in Southeast Asia by 2020 to make sure the region’s burgeoning working-age population is a fit for the future job market. Up to 28 million full-time jobs are subject to being displaced, according to […]
Read MoreAn amended law governing asset management companies will allow these firms to acquire bad assets for credit cards and personal loans from non-bank financial institutions, says a source at the Finance Ministry who requested anonymity. The amended legislation will widen the business scope of asset management companies to purchase and transfer bad credit cards and personal […]
Read MoreNational Assembly deputies at a discussion on the draft amendment of the law on tax administration said tax collection from technology-based business operations such as ride-hailing service and online sale is tough due to the lack of regulations governing these new types of business, Dan Tri news site reported. Speaking at the discussion, deputy Huynh […]
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Thailand
