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Top 5 Asian Countries for Starting a Business

Asia is a top location for investors looking to start a business with some of its main advantages being the available talent pool and investment opportunities – which are growing due to the fact that the region has a large population and it is ever evolving and innovating. The business environment differs between various Asian countries but what they […]

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Thailand: Excise Department readies low tax for EVs

The Excise Department is poised to impose a low tax on mild hybrid cars to promote manufacturing of electric vehicles (EVs) in Thailand, says the head of the department.  The move came after the Industry Ministry proposed to the Excise Department that mild hybrids could add value to EVs, said Patchara Anuntasilpa, director-general of the […]

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Vietnam: 2018 a banner year for local equity market

HANOI  – The net value of foreign capital flowing into Vietnam’s equity market in 2018 hit US$2.8 billion, according to State Securities Commission vice chairman Pham Hong Son. That figure was almost 2.3 times the figure of $1.23 billion in 2017 and set up a new record high of net foreign purchases since 2008, Son said at a meeting on […]

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Cambodia: Sihanoukville expressway nears construction

A construction team composed of 200 workers from China has arrived in the Kingdom to begin work on an expressway that will connect Phnom Penh and Sihanoukville, with the groundbreaking ceremony expected before the end of March. Transport Minister Sun Chanthol said recently that $100-million worth of construction materials will be imported into Cambodia before […]

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Philippines: SEC issues guidelines on non-profit organizations

MANILA, Philippines — The Securities and Exchange Commission has issued new guidelines for non-profit organizations. Under the new guidelines issued by the SEC, non-profit organizations will be subject to heightened monitoring to protect them from money laundering and terrorist financing abuse. In particular, the SEC now undertakes the task of identifying non-profit organizations that are […]

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