A new budget period starting from October 1 to September 30 will commence in the 2018-19 fiscal year. The Myanmar governments current fiscal year is the 12-month period from April 1 to March 31. A letter proposing the change was submitted to Parliament by President U Htin Kyaw last week. Meanwhile, a six-month budget will be […]
Read MoreThe Hanoitimes – After 10 months, foreign direct investment (FDI) to Vietnam has been disbursed at 14.2 billion USD, up 11.8% compared to the same period of last year. As such, Asian Pacific Economic Corporation (APEC)’s economic members have contributed to more than 3/4 of total investment in Vietnam. According to Foreign Investment Agency, as of […]
Read MoreConsumer prices rose for the fourth straight month in October for an inflation rate of 0.86%, according to the Commerce Ministry. The year-on-year rise was driven by rising prices of seasonal fresh food and oil and higher cigarette and liquor prices because of an increase in excise tax. Inflation for the first 10 months (January […]
Read MoreSpecial business visas for French citizens – similar to those already available to Chinese and South Korean investors – may be a reality in the near future, with the French ambassador expressing interest in enhancing “business visa cooperation” between both nations. Eva Nguyen Binh, France’s ambassador to Cambodia, made the remarks on Tuesday during a […]
Read MoreKUALA LUMPUR: The two percentage points cut in individual income tax rate in Budget 2018 announced last week would reduce the government’s tax revenue collection by RM1.3bil, said Second Finance Minister Datuk Seri Johari Abdul Ghani. Nevertheless, he was confident the country’s economy would continue to be stimulated through the government’s planned expenditure. “We (government) […]
Read MoreMANILA, Philippines — Strengthened demand for Filipino manufactured goods propelled the solid growth of the domestic manufacturing sector in October, the latest reading of the Nikkei Philippines Manufacturing Purchasing Managers’ Index showed. The seasonally adjusted Nikkei Philippines Manufacturing PMI registered a sharp increase in October to 53.7 from September’s 50.8. A reading above 50 indicates […]
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Thailand
