The Hanoitimes – At the end of December, the aggregate outstanding bonds of Vietnam’s 30 largest corporate local currency (LCY) bond issuers amounted to VND95.6 trillion (US$4.18 billion), representing 96.3% of the total LCY corporate bond stock. Vietnam’s local currency (LCY) bonds outstanding stood at VND1,180.5 trillion (US$51 billion) at the end of December, down 5.3% […]
Read MorePromises to hike the daily minimum wage will incentivise investors to relocate production bases to offset the higher wage burden, with financially strained small companies among those to be hit hardest, say business executives. “We will have to follow government regulation [on the daily minimum wage], but generally speaking investors will relocate their production bases because […]
Read MoreMANILA, Philippines — The peso moved sideways yesterday ahead of the rate setting meeting of the Bangko Sentral ng Pilipinas (BSP) wherein interest rates are expected to remain unchanged amid easing inflation. The local currency shed two centavos to close of 52.81 to $1 from Tuesday’s 52.83 to $1. It opened weaker at 52.9 to […]
Read MoreThe General Department of Taxation (GDT) has ordered that all taxpayers show the total amount of their tax invoices in Cambodian riel. The change will come into effect on April 1. The GDT instruction issued on Monday indicates that tax invoices are required to show total amounts in the local currency, although taxpayers can use […]
Read MoreThe Pyidaungsu Hluttaw (Assembly of the Union) passed amendments to improve consumer rights in the country on Friday. Under the amendments to the 2014 Consumer Protection Law, a consumer protection commission and committee will be formed, said U Swe Tint Kyu, director of the Department of Consumer Affairs. A new commission instead of a central committee […]
Read MoreKUALA LUMPUR: The ringgit climbed to an eight-month high today against the US dollar after the US Federal Reserve indicated it will not raise interest rates this year. As of 9am, the local currency stood at 4.0540/0580 against the greenback compared with Wednesday’s close of 4.0650/0690. Maybank Kim Eng research said the signal of a […]
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Thailand
