Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) on March 29 released the Vietnam Import-Export Report 2016 that gives an overall and systematic assessment of the country’s external trade in the past year. The report also presents the figures for each specific group of commodities and each market, along with the situation of […]
Read MoreSINGAPORE – Singapore topped the list of countries where rich Indonesians stashed money and assets, according to figures on the country’s tax amnesty programme from its finance ministry this week. According to Antara News, the Taxation Directorate General said Singapore accounted for around 57 per cent or 84.52 trillion rupiah (S$8.86 billion) of funds repatriated […]
Read MoreTEMPO.CO, Jakarta – The Indonesian Government is focused in improving its ease of doing business indicator by reforming its tax and customs service sector. “The Finance Ministry has two, customs and taxation. Cross border transfer and the ease to pay tax,” says Minister of Finance, Sri Mulyani Indrawati, on Wednesday, March 29, 2017. Despite already […]
Read MoreThe Bank of Thailand’s Monetary Policy Committee (MPC) yesterday raised its 2017 economic growth forecast to 3.4% from 3.2% predicted three months ago because of a stronger export outlook, as it kept the policy rate unchanged at 1.5% as widely expected. At the meeting, the MPC judged that Thailand’s growth outlook had improved and the […]
Read MoreThe Hanoitimes – In 2014, on average, each Vietnamese firm spends 872 hours paying taxes and the tax costs account for 40.8% of profits, according to the World Bank’s (WB) annual report on the global business environment. Compared to some countries in the region, Vietnamese enterprises have an unfavorable tax payment period. In Laos and […]
Read MoreThe trade volume between Cambodia and the United States in 2016 reached about $3 billion, while nearly 240,000 American tourists visited the kingdom. Foreign Ministry spokesman Chum Sounry told reporters yesterday after a meeting between Foreign Minister Prak Sokhonn and Mom Rady, a Democratic member of the Massachusetts House of Representatives, that Cambodia saw an […]
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