Myanmar will implement plans to raise tax revenues in the coming years. “Our target is collect over 15 percent in taxes to GDP,” said U Min Htut, director general of the Internal Revenue Department under the Ministry of Planning and Finance. The tax to GDP ratios of other ASEAN countries are all above 10pc, with […]
Read MoreThe Cambodian government plans to standardise the import of automobile especially second-hand cars to ensure quality and safety for the end-user is not compromised, said a senior official from the Ministry of Public Works and Transport yesterday. Pov Maly, secretary of state for the ministry told reporters after a meeting yesterday that so far, Cambodia […]
Read MoreWith the rules guiding the Asean Economic Community (AEC) seemingly favourable to the business community, what should the Asean workforce expect in return for their movements within the community? There are fears the unsuspecting public might fall victim to their own obscurity on their rights within the AEC framework. To begin with, the business community […]
Read MoreMANILA, Philippines — LBC Express Holdings Inc., the listed logistics company, has acquired LBC Mabuhay Remittance Brunei Remittance SDB Bhd after acquiring the shares of the latter’s majority shareholders. In separate disclosures yesterday, LBC Express said the company signed a share purchase agreement to acquire from Jamal Ltd. 50 percent ownership in LBC Mabuhay Remittance […]
Read MoreThe Hanoitimes – Uncertainties surrounding global trade activities, especially the escalating trade tensions between the US and China and the FED`s decision of hiking interest rates are putting pressure on Vietnam`s macro-economic management. Vietnam still maintains high economic growth rate of 6.88% in the third quarter and 6.98% in the first nine months of 2018, however, […]
Read MoreThe Finance Ministry announced on Wednesday that the state budget deficit declined in September to Rp 200.23 trillion (US$13.2 billion), equivalent to 1.35 percent of gross domestic product (GDP). “The deficit realization was lower than the deficit in the same period last year, both in terms of its [actual] figure and in its percentage of GDP,” the ministry said in a statement. The […]
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Thailand
