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Thailand – Panel: Economy firing on all cylinders

The Thai economy is proceeding at full throttle this year, propelled by four active engines: state investment, private investment, exports and household consumption, says Deputy Prime Minister Somkid Jatusripitak. Speaking at Wednesday’s “Thailand Takeoff 2018” seminar presented by Post Today, Mr Somkid said the government’s economic reform policies are on the right track, as indicated by […]

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Cambodia: New rail link with Vietnam on the cards

Plans for a railway line connecting Bavet city in Svay Rieng province to Vietnam’s Ho Chi Minh city were revealed this week by the Minister of Transport. During a meeting with Nguyen Nhat, Vietnam’s Deputy Minister of Transport, Cambodian Transport Minister Sun Chanthol said both governments are considering the creation of a rail link between […]

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Philippines: ‘Scrapping HQs’ tax rate will hurt investments’

REMOVING the preferential tax rate (PTR) for multinational companies’ regional headquarters (RHQs) and regional operating headquarters (ROHQs) are not only confusing investors on the government’s plans for them, but also risk reducing foreign investments in the country, two business groups warned on Wednesday. “With the issuance of the Bureau of Internal Revenue (BIR) advisory last […]

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