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Philippines: Electronics industry eyes 10% corporate tax – Seipi

THE Semiconductor and Electronics Industries in the Philippines Foundation Inc. (Seipi) is seeking for the sector a corporate income tax (CIT) lower than that proposed under the second package of the government’s Comprehensive Tax Reform Program. In a press conference during the Philippine Semiconductor and Electronics Convention and Exhibition (PSECE) 2018 at SMX Convention Center […]

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Vietnam: Private investment in aviation infrastructure booms

The Hanoitimes – Many private investors are taking part in aviation infrastructure projects, fuelled by the industry’s high profitability capacity, streamlined development strategy and favorable investment climate. Statistics of the Civil Aviation Authority of Vietnam (CAA) show that at least five aviation infrastructure projects are currently being carried out by private investors including Van Don International […]

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Cambodia: Petrol price cap to go up in May

The price cap of retail gasoline in Cambodia will increase for 10 days this month, according to a Ministry of Commerce announcement which cited fluctuations in the international market as the cause. Issued by the ministry on Sunday, the announcement stated that the price cap for regular gasoline will climb from 4,100 riel to 4,150 […]

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Myanmar opens up for foreign retailers and wholesalers

Foreign businesses and joint ventures are now allowed to carry out businesses in the retail and wholesale sector, according to the latest directive from the commerce ministry. Leading business groups hailed the move as a right step towards attracting inwards investments for Myanmar. The ministry issued the Directive 25/2018 on May 9, authorising 100 percent […]

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