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Thai assembly approves new constitutional draft

Thailand's National Legislative Assembly (NLA) approved amendments to the country's draft constitution on June 18, paving the way for holding a referendum on the new constitution next year.
Thailand's National Legislative Assembly (NLA) approved amendments tothe country's draft constitution on June 18, paving the way for holding areferendum on the new constitution next year.

Since coming topower in May 2014, Prime Minister Prayut Chan-ocha has set up a numberof committees in charge of the country’s reforms, including a committeeto compile the new constitution.

The PM has 15 days to present the draft constitution to King Bhumibol Adulyadej for his approval.-VNA

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Malaysia's Petronas Twin Towers (Photo: AFP)

Malaysia plans sales, service tax hikes

The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
Philippines seizes 175 million USD meth haul

Philippines seizes 175 million USD meth haul

Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
Permanent Secretary of the Thai Ministry of Commerce, Vuttikrai Leewiraphan. (Photo: thainews.prd.go.th)

ꦏ Thailand engages USTR on five-point trade proposal

Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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