The Cambodian government is close to establishing a bond market in a bid to raise more funds from domestic sources and move away from dependency on foreign aid, a senior official at the Ministry of Economy and Finance said last week. “We cannot heavily depend on external debt which is very dangerous, so it is […]
Read MoreIndonesia has so far seen more than 600,000 taxpayers join its tax amnesty programme, generating US$8 billion from the first two phases of the programme. Indonesia has entered the third phase of its tax amnesty programme, which was first launched in July 2016 to boost the country’s meagre revenue by collecting previously unreported funds hidden […]
Read MoreMyanmar’s economy will recover from a 2016 slump to expand at over 7 percent for next three years, according to a new World Bank review. But the path is still replete with risks, and many of the imbalances that plague the economy are getting worse. Like the IMF, which lowered its estimate in October, the […]
Read MoreFavourable transport infrastructure and the beautiful landscape are expected to boost tourism in the northern port city of Hai Phong. Cat Bi International Airport and the Hanoi-Hai Phong expressway, which were put into service in early 2016, have helped reduce travel time from Hanoi to Hai Phong. Direct flights between Hai Phong and countries such […]
Read MoreFive local enterprises were granted S5 productivity awards by the Ministry of Industry and Handicraft to encourage them to be productive and globally competitive. The awards were given to enterprises based on their applications and after passing inspections carried out by the ministry, said Heng Eang, director of the National Productivity Center at the ministry. […]
Read MoreTEMPO.CO, Bangkok – Thailand received a record 32.59 million foreign visitors last year, with revenue beating expectations and likely to exceed previous forecasts this year by growing 10 percent or more, officials said Monday, January 30. Thailand is proving popular even as terror scares, including a series of bombings in resorts towns killing four people, and the […]
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