KUALA LUMPUR: Malaysia has the unenviable honour of sitting on the throne of the highest level of illegal cigarettes in the world. This bleeds the country of at least RM5bil annually in uncollected taxes from the illicit cigarette trade. With the unregulated vaping products factored in, the government stands to lose RM6bil in total every […]
Read MoreThe Hanoitimes – Over the past 10 years, M&A activities in Vietnam have been growing strongly and become an indispensable part of the investment – business ecosystem in Vietnam. Total value of mergers and acquisitions (M&A) deals in Vietnam in 2018 hit US$10.2 billion, marking a big jump from just US$1.1 billion 10 years ago, leading […]
Read MoreMANILA, Philippines — The Philippines is vulnerable to the full-blown trade war between the US and China as well as the ongoing global currency war, according to S&P Global Ratings. S&P director Andrew Wood, in a live webcast said the heightened trade tension between Washington and Beijing could complicate things in emerging markets, including the […]
Read MoreThe private sector has applauded the government’s decision to cut the number of public holidays. The move will boost the supply chain as Cambodia has the potential for labour-intensive work, especially in the garment sector, they said. According to a sub-decree on the public holiday calendar for 2020 signed by Prime Minister Hun Sen on […]
Read MoreCentral banks in emerging Asia are poised to cut interest rates as they bolster their economies against a wave of global threats. India and the Philippines are expected to cut rates by 25 basis points this week. Thailand, which is likely to keep borrowing costs unchanged on Wednesday, may signal its willingness to ease going […]
Read MoreVietnam posted a trade surplus of $1.8 billion in the first seven months of the year, much lower than the $2.6 billion trade surplus seen in the same period last year, the latest report from the General Statistics Office (GSO) revealed. The positive figure was partly thanks to the export turnover of the domestic sector […]
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Thailand
