MANILA, Philippines – Inflation is not likely to reach four percent this year despite the upward pressure on consumer prices over the past few months, monetary authorities and economists said over the weekend. Bangko Sentral ng Pilipinas Governor Amando Tetangco told The STAR inflation would not hit the higher end of the central bank’s two […]
Read MoreThe World Food Programme (WFP) has granted more than US$85 million (682 billion kip) to help the Lao government achieve the Sustainable Development Goal targets, as well as middle-income country status. A Memorandum of Understanding was signed on Friday by Deputy Minister of Planning and Investment, DrKikeoChanthaboury, and WFP County Director and Representative, Ms Sarah […]
Read MoreWater vehicles will start serving commuters in early June with ships and boats bought from Thailand and Australia, according to Daw Tint Tint Lwin, CEO of Tint Tint Myanmar. The Yangon regional government had promised to implement a water taxi system on the Hlaing River and Nga Moe Yeik Creek. Tint Tint Myanmar won the […]
Read MoreDoes it make sense to impose a new tax on cross-border e-commerce transactions in Thailand to tackle profit shifting and tax avoidance by multinational firms? The government, for obvious reasons, certainly thinks so. Industry experts, however, may need some convincing. Thailand is making inroads into new tax rules with the government seeking what it terms […]
Read MoreA strategy is being developed to promote domestic trade by 2025 with a vision to 2035. “The development of domestic trade lacks a comprehensive strategy despite its important role in the economy,” said Pham Nguyen Minh, Director of the Viet Nam Institute for Trade, at a workshop held yesterday to collect comments for the domestic […]
Read MoreIn a meeting on April 30, gold entrepreneurs and traders decided to suspend the commercial tax on pure gold in 2017. Earlier, they have collected signatures and sent a petition to the Legal Affairs and Special Cases Assessment Commission, Ministry of Planning and Finance, Ministry of Commerce and Ministry of Mining. They said that a […]
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