MANILA, Philippines — The Department of Finance (DOF) has appealed for the Senate to adopt its original proposal for mining fiscal reforms, which is projected to raise about P7.2 billion in additional revenues in the first year of its implementation. In a statement, the DOF said it has made a last-minute appeal to the Senate […]
Read MoreSiam Piwat Co, the operator of Iconsiam and Siam Paragon, will spend 70 billion baht during 2019-23 to develop two large-scale malls and acquire office towers and logistics centres as it aims for 51-63 billion baht in revenue by 2023. Chief executive Chadatip Chutrakul said 90% of the five-year investment budget will be spent on development […]
Read MoreThe two petroleum contracts for the Erawan and Bongkot gas blocks are still on track to be signed this month, says the Mineral Fuels Department. The government completed the auction of the Erawan (G1/61) and Bongkot (G2/61) blocks on Dec 12. PTT Exploration and Production Plc (PTTEP) won the concession contracts for both the offshore […]
Read MoreThe Hanoitimes – “The challenge for both businesses and government is to redouble our efforts to get the EVFTA ratified and implemented as soon as possible.” An increasing number of European business leaders are confident of the future of their enterprise and of the economic climate in Vietnam, according to the EuroCham’s Business Climate Index (BCI) […]
Read MoreE-commerce is like a double-edged sword for the Indonesian economy. On the one hand, it has contributed significantly to the country’s state revenue, on the other hand, it has contributed to the country’s trade deficit. The Finance Ministry’s Customs and Excise Directorate General recorded that the contribution of import duties from e-commerce products to state […]
Read MoreKUALA LUMPUR: Malaysia is capable of achieving gross domestic product (GDP) growth of between 4.8 per cent and 4.9 per cent in 2018 on the back of stronger economic figures recently, says Deputy Minister of International Trade and Industry Dr Ong Kian Ming. He said the manufacturing sector would continue to drive the country’s exports […]
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