HANOI – The revenue of Vietnam’s retail sales market will reach over VND11 quadrillion (US$484.58 billion) by 2025 and nearly VND44 quadrillion ($1.938 trillion) by 2035. This was revealed in the Ministry of Industry and Trade’s draft strategy on domestic trade development, which is being publicised for recommendations. According to the draft, the GDP of […]
Read MoreBUSINESS receipts for the services sector in Singapore grew 6.3 per cent in the third quarter of 2017 compared to a year ago, reflecting an improved global outlook and a strengthening economy. The data released on Monday by the Department of Statistics showed that all services industries reported growth, with information and communications showing the […]
Read MoreDespite the massive economic gains Cambodia has made since being accepted into the World Trade Organization (WTO) in 2004, which granted it preferential trade status with major consumer markets, the government has not championed many positive reforms over the past six years. According to the WTO’s second official Trade Policy Review of the Kingdom, which […]
Read MoreThe Revenue Department is gearing up to amend a tax law to include e-commerce, aiming to create fair competition among foreigners and local e-business operators, as well as save billions of baht in forgone tax revenue. The second public hearing is expected to be held in January. Foreign digital service operators and over-the-top (OTT) operators […]
Read MoreTHE return of hundreds of thousands of northern Rakhine refugees in Bangladesh would commence within two months, according to the memorandum of understanding signed last week between Myanmar and Bangladesh, a copy of which was obtained by The Myanmar Times on Sunday. A joint working group would also be established within three weeks to oversee […]
Read MoreMANILA, Philippines — The Association of Southeast Asian Nations (ASEAN) stands to benefit from the China-led One Belt, One Road initiative, as it would help further solidify cooperation within the region, the Department of Finance (DOF) said. Finance Secretary Carlos Dominguez said the Belt and Road Initiative is in line with the ASEAN’s efforts to […]
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Thailand
