Economy News

Economy

Thailand Plans to Enforce Global Minimum Corporate Tax from 2025

Thailand plans to enforce a global minimum corporate tax from January 2025, following the OECD's new regulations. The current corporate tax rate in Thailand is 20%, but companies r...

Economy

Australian Private Sector Activity Shows Slight Decline in December

Australia's private sector business activity saw a slight decline in December, with key indicators lower than the previous month, according to S&P Global's preliminary report.

Economy

What's Ahead: Fed's Rate Decision, Putin's Annual Address, and Key Economic Data

Investors brace for central bank decisions, including the Fed's rate move, and key economic data releases. Political events, such as Putin's annual address and Germany's confidence...

Economy

Vietnam Emerges as China's Leading Banana Supplier: A Closer Look

Vietnam has become China's top banana supplier, with a 19.6% increase in exports, while the Philippines saw a 39.2% decline due to production issues. Vietnamese bananas are now wid...

Economy

Thailand's Average Employee Salary Projected to Surge by 5% in 2025

Thailand's average employee salary is projected to grow by 5% in 2025, influenced by factors like performance and market competitiveness. The survey highlights increased short-term...

Economy

Trump Mulls Privatizing US Postal Service Amid Financial Struggles

President-elect Donald Trump is reportedly considering the privatization of the United States Postal Service, amidst the agency's financial struggles and increasing net losses.

Economy

Vietnam Emerges as Top Destination for Japanese Expansion in Southeast Asia

Vietnam leads Southeast Asia in Japanese firms' expansion plans despite a slight decrease from last year. All retail and food services businesses in Vietnam plan to expand, with si...

Economy

Singapore vs Malaysia: A Social Media Debate on Which Country Does It Better

A social media debate comparing Malaysia and Singapore sparked by an American tourist's post praising Malaysia. A Singaporean writer countered, leading to a fierce online discussio...