The Myanmar kyat strengthened further last week after the Central Bank of Myanmar set its reference rate to K1,340 against the dollar last Thursday, its highest level in a year. The Central Bank had already set the reference rate higher atK1,345 earlier in the year. Strength is returning to the kyat and across most ASEAN […]
Read MoreThe products of HCM City and Laos are more complementary than competing in nature, meeting consumption and production demand of both sides. But their bilateral trade relation has not met the expectations of either side, according to the Investment and Trade Promotion Centre of HCM City (ITPC). Trade between HCM City and Laos reached nearly […]
Read MoreLower corporate income taxes should come with a reduction in business incentives to limit the impact on government revenues, the Finance department said. Finance Undersecretary Karl Kendrick Chua said that least P26 billion had to be raised for every percentage point cut to the corporate income tax rate, which the government is planning to reduce […]
Read MoreKUALA LUMPUR: Palm oil output in the world’s top two producing countries is forecast to climb to new highs this year as output fully recovers from its El Nino-stunted 2017 level, pushing 2018 average prices down by 7 percent from last year, a Reuters poll showed. Benchmark prices are forecast to average 2,620 ringgit ($676.30) […]
Read MoreRECENTLY, the Revenue Department released a second draft of the proposed legislative tax amendments that will impact foreign e-commerce operators available to the Thai market. The initial proposal for the legislative amendments was issued in June 2017 and went through the process of public consultation in early July. The current draft contains material changes from […]
Read MoreTEMPO.CO, Jakarta – The application-based transportation company, Grab Indonesia, supports the government to ensure that the driver-partner puts the special rent-labeled stickers on its vehicles. The sticker installation is one of the provisions stipulated in the Minister of Transportation Regulation No. 108 on the implementation of non-route public transport. Managing Director of Grab Indonesia Ridzki Kramadibrata said that he had […]
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Thailand
