MANILA, Philippines — The Philippine Exporters Confederation Inc. (Philexport) has expressed opposition against the classification of value added tax (VAT) exemption as a tax incentive under the second package of the tax reform program, saying this will make exports uncompetitive. In a position paper submitted to the Department of Finance, Philexport aired the group’s reservations […]
Read MoreThe Hanoitimes – Minister of the Government Office Mai Tien Dung said the government will seek appropriate measures to regulate car imports, according to the government portal. “The government’s policy is to facilitate economic integration, with a view to creating conditions for importing cars to Vietnam,” said Dung at a meeting with relevant parties on the […]
Read MoreCAMBODIA-BASED RCG Retail (Cambodia) Co Ltd has plans to open over 100 stores selling Thailand’s Inthanin brand of coffee in Cambodia from next month until the year 2022, after last week signing a memorandum of understanding with Thailand-based Bangchak Retail Co Ltd. The first, and flagship, branch will open in Phnom Penh in March this […]
Read MoreMyanmar will invest in building the necessary infrastructure needed to link Dawei in Tanintharyi Region to a power station in Mawlamyine in Mon State, enabling Dawei to gain access to electricity, said Dr Tun Naing, deputy minister at Ministry of Electricity and Energy (MOEE). This will involve a 60-mile, 66 kilovolt power transmission line linking […]
Read MoreMANILA, Philippines — The weakening of the peso against the dollar would not be a major source of inflation over the coming year, according to think tank Capital Economics. Gareth Leather, senior Asia economist at Capital Economics, said in its weekly report titled Philippine: Time to worry about the weak peso?, the relationship between currency […]
Read MoreSingapore-based ride hailing app Grab signed a cooperation agreement with the United Nations Development Programme (UNDP) on Friday to reducing pollution and traffic congestion in Phnom Penh. Under the deal, both parties agreed to explore working together to reduce transport-related greenhouse gas emissions by promoting clean energy vehicles and bio-fuel, as well as supporting the […]
Read More
Thailand
