by Teuvo Tuomi | May 26, 2024 | Business, ASEAN, China, Economy, News, Southeast Asia, Technology, Trade
Solar products made by Chinese companies’ overseas units or joint ventures are the target of a new round of US investigation into allegations that imports from Cambodia, Malaysia, Thailand, and Vietnam are unfairly subsidized and priced low. Several US solar...
by Teuvo Tuomi | May 18, 2024 | ASEAN, Business, Economy, Malaysia, News, Southeast Asia, Technology, Thailand, Trade
According to a Japanese-based online news magazine, Malaysia’s sales figures, which had come in third for a long time, topped Thailand’s through January-March 2024. According to the Malaysian Automotive Association, auto sales increased 5% in the first quarter from a...
by Jukka-Pekka Karppanen | May 11, 2024 | Economy, Business, Environment, Finland, Thailand, Trade, Visions
Ville Tavio (right), Minister of Foreign Trade and Development and Miika Tomi (left), Deputy Head of Mission at the Embassy of Finland, attended a dialogue and seminar with TFCC at the Pacific City Club in Bangkok. Clean Tech & Free Trade for Sustainable...
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...
by Teuvo Tuomi | Apr 18, 2024 | China, Economy, News, Thailand, Trade
The Thai government is considering imposing a 7% value-added tax on Chinese goods priced less than 1,500 baht (US$40) routed through Thailand’s free trade zones to protect local businesses impacted by the flood of cheap imports. Currently, goods not exceeding the...
by Teuvo Tuomi | Mar 16, 2024 | Malaysia, Economy, Food & Drinks, Trade
Malaysia maintains its export tax for crude palm oil at 8% for April and raised its reference price, the Malaysian Palm Oil Board confirms. The export tax structure starts at 3% for crude palm oil in a 2,250 to 2,400 ringgit-per-ton range. The maximum tax rate is set...
