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Cambodia: Transfer pricing takes the spotlight

A year and a half after the law was introduced, the General Department of Taxation yesterday called on all corporations to abide by the Transfer Pricing Law. Following the Transfer Pricing Law will facilitate the process of filing tax returns, Traing Lay, director of GDT’s advanced pricing arrangement and transfer pricing bureau, said during a […]

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China’s policies trigger investment inflow to Vietnam

The Hanoitimes – The Chinese promotion of economic development strategies, especially the Belt and Road initiative of Chinese President Xi Jinping, has propelled Chinese investment in Asian countries, including Vietnam. Besides Vietnam’s free trade agreements, Chinese policies on promoting economic growth and reducing investment in labor-intensive industries have ignited a rising inflow of Chinese capital to […]

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Brunei, Malaysia welcome trade, investment progress

HIS Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of BruneiDarussalam and Prime Minister of Malaysia Tun Dato Laila Utama Dr Mahathir bin Mohamad expressed satisfaction at the continued progress in trade and investment cooperation, particularly with the states of Sabah and Sarawak during […]

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Philippines: Manufacturing extends decline in January 2019 — PSA

MANILA, Philippines — Manufacturing extended its drop in January, although at a more moderate pace, as declines in output were registered in most industry groups, the Philippine Statistics Authority (PSA) reported yesterday. Factory output, as measured by the Volume of Production Index (VoPI), registered a year-on-year decline as it contracted by 4.1 percent  in January, extending the […]

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Singapore: Grab considers raising more funds after US$4.5b financing round

[SINGAPORE] Grab is considering raising more funds from strategic investors, the president of South-east Asia’s top ride-hailing firm said, after raking in over US$4.5 billion in the region’s largest private financing round that included SoftBank’s Vision Fund. The Singapore-based firm continues to see strong interest from global investors after securing nearly US$1.5 billion from the […]

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