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Indonesia reaches tax deal with Google for 2016

JAKARTA (REUTERS) – Indonesia has reached a settlement with Alphabet’s Google for 2016 in their dispute over taxes, the country’s finance minister said on Tuesday (June 13). “We already have an agreement with them based on 2016. But we can’t disclose the figure, that is a secret,” Indonesia Finance Minister Sri Mulyani Indrawati told reporters. […]

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Vietnam: Inflation expected at 2.6 per cent this year

HA NOI — The country’s inflation this year is forecast to reach 2.6 per cent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission (NFSC) reported on Monday. In the first five months of the year, the average inflation rate was at 4.47 per […]

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Laos: Globalisation provides opportunities and challenges

Globalisation is offering both opportunities and challenges for nations since the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. This was the theme of Prime Minister Thongloun Sisoulith’s statement which he delivered at the 23rd International Conference on the Future of Asia held in Tokyo last week. The […]

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Cambodia: Kingdom asks WTO to share trade information

Cambodian Minister of Commerce Pan Sorasak put forward a proposal last week requesting that the World Trade Organization (WTO) share information of bilateral and regional trade agreements with all its members to help smaller economies integrate into global trade markets. Speaking during a meeting with the Council of Ministers from the Organization for Economic Cooperation […]

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