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Proposed Tax Hike Threatens Vietnam’s Beer Market

Proposed Tax Hike Threatens Vietnam’s Beer Market

by Teuvo Tuomi | Jun 17, 2024 | Vietnam, Food & Drinks, Health, Lifestyle, News, Society, Taxation

Vietnam’s Finance Ministry is proposing a hike in special consumption tax on alcoholic drinks to 100% by 2030. Under the draft, the tax on beer and strong liquor will first be raised to 70-80% by 2026 from the current 65%. “Alcoholic drinks and beer prices...
Thai Researchers Create “Albumen Rice” from Egg Whites

Thai Researchers Create “Albumen Rice” from Egg Whites

by Teuvo Tuomi | Jun 11, 2024 | Culture, Food & Drinks, Health, Innovation, News, Research, Technology, Thailand

Researchers from Chulalongkorn University’s Faculty of Allied Health Sciences have created “albumen rice,” an alternative rice product derived from egg whites. This innovation aims to ease health concerns associated with excessive rice consumption, such as weight gain...
Bangkok Introduces Strict Regulations for Street Vendors

Bangkok Introduces Strict Regulations for Street Vendors

by Teuvo Tuomi | Jun 3, 2024 | Bangkok, Food & Drinks, Infrastructure, Lifestyle, News, Society, Thailand, Trade

To reorganize public spaces and enhance street cleanliness, Bangkok’s Governor Chadchart Sittipunt has announced plans to enforce strict regulations on street vendors within the city, fostering a more orderly and hygienic environment. Under the new regulations,...
Rising Inflation Likely in the Philippines

Rising Inflation Likely in the Philippines

by Teuvo Tuomi | Jun 2, 2024 | Economy, Energy, Food & Drinks, Inflation, News, Philippines

Inflation in the Philippines may have exceeded the government’s target in May, the Bangko Sentral ng Pilipinas (BSP) reports. The BSP estimates last month’s inflation rate to have settled between 3.7-4.5% compared to 3.8% in April. The price increases have been...
Thailand’s Q1 Rice Exports Up Almost 20%

Thailand’s Q1 Rice Exports Up Almost 20%

by Teuvo Tuomi | May 4, 2024 | Economy, Food & Drinks, News, Thailand, Trade

The weakening baht sent Thai rice exports for the first quarter of 2024 up by 19.4%, from 2.06 million tonnes last year to 2.46 million. The export value for the January-March period is estimated at 56.73 billion baht, or US$1.61 billion, a 49% increase from the same...
4th 7-Eleven Opens in Laos

4th 7-Eleven Opens in Laos

by Teuvo Tuomi | Mar 31, 2024 | Laos, Business, Food & Drinks, News, Thailand

The fourth 7-Eleven branch in Laos has opened in Pakse, just six months after opening the first branch. 7-Eleven offers Laotians a well-curated selection of popular products, especially ready-to-eat food, fresh bakery items, and freshly brewed coffee. In addition,...
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