The Ministry of Finance is re-inspecting and clearly defining sources of national revenue to enable the country to accomplish its 2017 target for revenue collection. The scheme is in line with the instructions given by Prime Minister Thongloun Sisoulith and Deputy Prime Minister and Minister of Finance Mr Somdy Duangdy, aiming to swell national revenue […]
Read MoreChina has approved the purchase of 20,000 tonnes of organic rice a year from Laos, according to Prime Minister Thongloun Sisoulith. Mr Thongloun said in talks with Khong district authorities in Champassak province last week that Chinese premier Li Keqiang had agreed to the deal. A rice grower in Savannakhet province works in his field. […]
Read MoreEfforts to introduce an effective, modern taxation system appear to be paying off as government coffers swelled last year, giving the state more revenue to use for development at a time when donor aid is drying up. Tax collection revenue grew by 15 percent to $1.49 billion last year, according to newly released data from […]
Read MoreVietnam’s military-run mobile network operator Viettel has been awarded a license to operate in Myanmar via a joint venture with two local telecom firms, less than six months after it was selected as the preferred foreign partner in the three-party consortium. Viettel Global, the outbound investment arm of the Vietnamese company, holds a 49 percent […]
Read MoreKUALA LUMPUR: Malaysia is open to negotiation with Indonesia on the possibility to harmonise the crude palm oil (CPO) export duties structure of both countries. According to Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong (pic), a meeting has been scheduled between both Malaysian and Indonesian parties to discuss this issue in early […]
Read MoreSINGAPORE – Inflation expectations in Singapore have edged up from their lowest level since September 2011, said the Singapore Management University (SMU) on Monday (jan 16). Weakness in global growth, exacerbated by the political and policy uncertainty particularly surrounding global trade in the US and Eurozone, might have prompted Singaporean households surveyed in December to […]
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Thailand
