The government has collected more than K400 million in tax revenues in the three months since implementing a new gold tax on jewelry stores, said U Aung Moe, Deputy Director of Internal Revenue Department (Mandalay) on October 3. According to the statistics of Internal Revenue Tax Department, the tax money received from July, the period […]
Read MoreThe Asian Development Bank (ADB) has approved a $70 million loan to develop the Kingdom’s transportation infrastructure with the majority of the funding going towards improvements of national roads in Prey Veng, Siem Reap and Svay Rieng provinces. The loan is part of the ADB-backed Greater Mekong Subregion Southern Economic Corridor programme aiming to link […]
Read MorePM Nguyen Xuan Phuc hailed effective cooperation between the Vietnamese and Lao Ministries of Home Affairs, which has made positive contributions to the two nations’ friendly relations. The PM made that statement on September 29 at his reception for Lao Minister of Home Affairs Khammanh Sounvileuth who is on a working visit to Viet Nam. […]
Read MoreWhile the Asia-Pacific region is experiencing population ageing at an unprecedented rate, the growing number of young people in Laos can provide a significant momentum in driving economic growth. A senior economist from the Faculty of Economics and Business Management at the National University of Laos, Dr Phouphet Kyophilavong, told Vientiane Times on Wednesday that the country’s […]
Read MoreMANILA, Philippines — Inflation likely rose within the 2.8 percent to 3.6 percent range in September due to higher fuel, electricity and food prices, as well as the further weakening of the peso, the Bangko Sentral ng Pilipinas (BSP) said. “The forecast of the BSP’s Department of Economic Research suggests that September 2017 inflation could […]
Read MoreThe annual headline consumer price index rose for a third straight month in September, government data showed on Monday, beating forecasts but still below the central bank’s target, giving it room to keep monetary policy loose to aid growth. The index increased 0.86% in September from a year earlier, after a 0.32% rise in August. […]
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Thailand
