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Laos’ Economy Continues Well; IMF Report

(KPL) On Feb 26, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Lao PDR stating that the country’s economy continues to perform well, supported by a favorable external environment and strong flows of foreign direct investment from its dynamic neighbors. Growth in 2017 was supported by the expansion […]

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Thai Brands Promoted At Top Thai Brands 2018 In Vientiane

(KPL) Top Thai Brands 2018 was officially launched on Mar 7 drawing almost 200 booths representing more than 140 companies from Laos and Thailand. The week-long exhibition was opened in the presence of trade officials, entrepreneurs and business people of Laos and Thailand. Co-organized by the Department of Trade Promotion of the Ministry of Industry […]

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Thailand: 10% crypto levy mulled

A possible 10% capital gains tax on investment gains in cryptocurrencies will seek cabinet approval today, says a source at the Finance Ministry.  The Revenue Department will propose the cabinet amend the Revenue Code to pave the way for the tax-collecting agency to impose the 10% capital gains tax from investment gains in digital currencies, the […]

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Philippines: Jobs for youth key to reducing unemployment

MANILA, Philippines — Creating jobs that pay proper wages to young people aged 15 to 24 is needed to significantly reduce unemployment and income inequality in the country, the Asian Development Bank (ADB) said. The Manila-based multilateral development institution said despite the sustained economic growth in the country, young people still struggle to find jobs […]

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