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Stable politics can boost Thai exports to ASEAN

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Thailand has the opportunity to gain a 20 per cent of market shares in the Association of South-East Asian Nations (ASEAN) in the next few years provided that politics is stable and the governmnet has a clear plan to promote exporters, according to a local analysis.

Dr Aat Pisanwanich, director of the University of the Thai Chamber of Commerce (UTCC) Center for International Trade Studies, said such the percentage would help increase the country's exports to the regional bloc to 23-24 per cent, making it possibly replace Singapore now ASEAN's second largest exporter.

Concerning the position in ASEAN markets, Dr Aat said currently Thailand ranks third, counting some 14.6 per cent of total market shares of the regional grouping, preceded by Singapore of 27.1 per cent and Malaysia of 31 per cent.

via Export Outlook: Stable politics can boost Thai exports to ASEAN.

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Global fashion e-tailer Shein launches new hub in Singapore

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Shein has websites for Singapore, Indonesia, Thailand, Vietnam, and the Philippines and has plans to create a standalone website for Malaysia too.

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How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

The government is expected to draw on S$53.7 billion (US$40 billion) from its reserves for this year and an additional S24 billion (US$17.8 billion) over the next three years to assist local companies transition into a post-pandemic business environment.

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How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

Singapore’s government has provided an array of fiscal and non-fiscal incentives to help businesses reduce their overhead costs during the pandemic.

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