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Laos: Amended law offers no exception to VAT charge

All enterprises that have been registered and have obtained a tax ID will have to comply with the Value Added Tax Law. Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, yesterday presented a draft of the amended Law on Value Added Tax to the National Assembly to consider and approve. According to the […]

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Thailand: BoT holds at 1.5%, raises growth view

The Bank of Thailand’s rate-setting panel left the policy rate unchanged Wednesday as expected, giving more weight to domestic factors and declaring that the country’s external stability remains strong enough to cushion against persistent capital outflows. The central bank also upgraded its economic growth outlook to 4.4% for 2018 and 4.2% for 2019, up from […]

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Vietnam: Da Nang retail market has high potential: JLL

The Hanoitimes – The potential of Da Nang’s retail market is enormous as it is slowly gaining a reputation as having a tech-savvy workforce. This was announced by the latest report by from real estate consultant JLL, a leading firm that specializes in real estate and investment management. There are a number of notable projects in […]

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Thailand: Five importers of e-waste lose licences

The Industrial Works Department has suspended the licences of five importers of scrap electronics after they allegedly hired illegal factories to recycle more than 14,000 tonnes of the hazardous garbage.  The factories are being ordered to send the trash back to the five companies within 30 days, department chief Mongkol Pruekwatana said as his department on […]

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