For the first time, Myanmar will import liquefied natural gas (LNG) as it races to meet an expected shortage of electricity. By 2020, the country will require double its current electricity supply to meet rising demand from households and businesses. The Ministry of Electricity and Energy (MOEE) on January 30 issued a Notice to Proceed […]
Read MoreTHE Thai National Shippers’ Council (TNSC) said export growth this year could come in well below its estimate of 5.5 per cent due to a stronger baht and the recent increases in the country’s minimum daily wage. The more downbeat view has prompted the influential group to call on the government to launch relief measures […]
Read MoreThe Central Statistics Agency has revealed that the Jakarta economy grew 6.22 percent year-on-year (yoy) in 2017, higher than the 5.88 percent recorded in the previous year. Last year’s growth in the capital was also higher than growth at the national level, which was recorded at 5.07 percent. The deputy director of Bank Indonesia’s representative […]
Read MoreMANILA, Philippines — Inflation leapt to its highest level in more than three years at four percent in January from 3.3 percent in December as the implementation of the tax reform law translated to higher prices, the Philippine Statistics Authority (PSA) reported yesterday. This was the highest level for the consumer price index (CPI) since […]
Read MoreThe Council for the Development of Cambodia (CDC) established a tax desk at their offices that will be staffed by employees from the General Department of Taxation, in hopes of easing the burden of registration for foreign companies. The CDC announced the move in a Facebook post yesterday, noting, “Investors can get tax registration services […]
Read More[HO CHI MINH CITY] Vietnam’s taxi operator Vinasun has initiated a lawsuit against the popular ride hailing service Grab on accusations of unfair business practices, with a court in Ho Chi Minh City looking into the matter on Tuesday. Vinasun, once a dominant player in taxi transport in southern Vietnam, has seen its market share […]
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