The Hanoitimes – VAFI estimated that around 80 percent of existing business lines with foreign ownership caps should be removed. The Ministry of Planning and Investment’s latest draft bill on the amendments of the Law on Investment and the Law on Enterprises is designed to further advance the country’s investment environment for firms, including foreign […]
Read MoreThe strong baht has cut the value of the foreign investment fund (FIF) under fund management, falling by Bt27 billion from Bt1.2 trillion at the start of the year, TMB Bank said. TMB said the drop reduced the fund’s return by 0.47 per cent. The least impacted funds are those covering oil investment, gold, and […]
Read MoreThe Posts and Telecommunications Department (PTD) has issued a fine of nearly US$200,000 (K300 million) and two warnings to military-backed telecom operator Telecom International Myanmar (Mytel) for violating its rules and regulations after January 1. It also issued two other warnings to two operators for similar offences. Mytel, the fourth operator in Myanmar, was given […]
Read MoreMANILA, Philippines — The food retail industry in the country will continue to expand with total sales expected to reach a record-high $50 billion, driven by rising income and a growing population. In the latest report of the United States Department of Agriculture-Foreign Agricultural Service (USDA-FAS), the domestic food retail market is seen increasing by […]
Read MoreKUALA LUMPUR: Big US companies are accelerating efforts to move more of their supply chains from China to neighbouring countries in light of Trump administration tariffs. Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and Malaysia, data show. At the same time, the shift has […]
Read MoreThe Hanoitimes – The tax exemption could reduce the state budget revenue by VND9.2 trillion (US$396 million) per year, but lay a foundation for micro and small enterprises to develop in the long term. Vietnam’s Ministry of Finance (MoF) is proposing a regulation that exempts the corporate income tax for micro and small enterprises in […]
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Thailand
