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September 17, 2024

Cabinet extends VAT rate at 7% for another year

The Revenue Department revealed that the Cabinet has extended the VAT rate to 7% for another year to maintain the growth of consumption.

Dr. Kullaya Tantitemit, Director-General of the Revenue Department, revealed that the

Hyundai Motor Group posts robust EV sales in Germany

South Korea’s Hyundai Motor Group reported robust electric vehicle sales results in Germany from June to August despite slowing EV demand, a global market research firm said Tuesday.

Hyundai Motor Co. and its smaller