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Search Result for “high excise tax”

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BUSINESS

Private funding in Southeast Asia digital economy lags global level

Reuters, Published on 11/11/2025

» SINGAPORE — Private funding for Southeast Asia's internet economy grew 15% from a year earlier to US$7.7 billion in the 12 months to June 2025, lagging the global growth rate of 25% for private equity and venture capital investments, an industry report said on Tuesday.

BUSINESS

Vietnam's push for 'chip-to-ship' conglomerates raises red flags

Reuters, Published on 05/11/2025

» HANOI — Two days after Vietnam's top leader called on local private companies to help build infrastructure, listed conglomerate Vingroup stepped forward to develop a US$70 billion nationwide high-speed railway and build the trains to run on it.

BUSINESS

Thailand foreign tourist arrivals down 7.22% y/y so far this year

Reuters, Published on 04/11/2025

» Foreign tourist arrivals in Thailand from Jan 1 to Nov 2 fell 7.22% from the same period a year earlier, the Tourism and Sports Ministry reported on Tuesday.

WORLD

Trump tells Pentagon to immediately resume testing US nuclear weapons

Reuters, Published on 30/10/2025

» BUSAN — United States President Donald Trump ordered the US military on Thursday to immediately resume testing nuclear weapons after a gap of 33 years, minutes before beginning a meeting with Chinese President Xi Jinping.

BUSINESS

Thailand investment applications up 94%

Reuters, Published on 29/10/2025

» Thailand's total investment applications rose by 94% year-on-year to a value of 1.37 trillion baht (US$41.8 billion) in the first nine months of 2025, led by projects in the digital and electronics sectors, the Board of Investment (BOI) said on Wednesday.

BUSINESS

Thailand foreign tourist arrivals down 7.25%

Reuters, Published on 28/10/2025

» Thailand's foreign tourist arrivals from Jan 1 to Oct 26 fell 7.25% from the same period a year earlier, the Tourism and Sports Ministry reported on Tuesday.

WORLD

Asean to host Trump at summit as US president to witness Thai-Cambodia ceasefire deal

Reuters, Published on 24/10/2025

» KUALA LUMPUR — The bloc of Southeast Asian nations will host world leaders at a summit this weekend that will run alongside pivotal trade talks between the United States and China and serve as the first stop for US President Donald Trump’s swing through Asia.

WORLD

UN cybercrime pact to be signed in Hanoi raises hopes, concerns

Reuters, Published on 22/10/2025

» HANOI — A landmark UN cybercrime agreement aimed at curbing offences that cost the global economy trillions of US dollars annually is set to be signed by representatives from dozens of states in Hanoi this weekend, despite criticism over human rights risks.

BUSINESS

Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda

Reuters, Published on 21/10/2025

» HANOI/TOKYO — The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a US$4.6 billion market that is dominated by Honda, according to documents reviewed by Reuters and seven people familiar with the matter.

BUSINESS

Thai rice prices extend slump to 18-year low

Reuters, Published on 17/10/2025

» Thailand's rice export prices fell for the fifth straight week to an 18-year low, while Indian prices held near their lowest level in more than nine years this week, as top exporters struggled to secure any major deals in the face of weak demand.