THOUGH MYANMAR received only US$123 million (Bt3.84 billion) from Thai investments in the previous fiscal year ending on March 31, the nation’s investment body foresees a significant inflow of Thai businesses over the next few years. Aung Naing Oo, secretary of Myanmar Investment Commission and director-general at the Directorate of Investment and Company Administration, said […]
Read MoreThe Indonesian government on Monday announced that it would soon enact a new regulation on a tax holiday to simplify the procedure to allow investors to obtain the fiscal facility. Robert Pakpahan, the director general of taxation, said the new regulation would be signed by Finance Minister Sri Mulyani Indrawati and it would be implemented […]
Read MoreThe General Statistics Office of Vietnam (GSO) estimated that imports of completely built-up cars in April will likely jump in both volume and value compared to the previous month. Imports have increased again after several months of dropping as the Vietnamese Government issued Decree 116 in October last year, stipulating the conditions for production, assembly, […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said the consumer price index would remain elevated, rising from 3.8 percent to 4.6 percent in March, amid more expensive electricity, weak peso, as well as higher oil and food prices. The central bank’s Department of Economic Research (DER) said it incorporated all recent developments and […]
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