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Thailand: Tax to rise on zero-alcohol beer

The Finance Ministry plans to raise the excise tax rate on zero-alcohol beer, saying it would discourage people from start drinking.     Finance Minister Uttama Savanayana said on Wednesday that the Excise Department of the ministry would  soon complete a study on raising tax on zero-alcohol beer from the current rate of  14 per cent, […]

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Thailand: Trading dwindles as new tax begins

Average daily new short-term corporate bond issuance and short-dated corporate bond trading in secondary markets slumped by 75% and nearly 50%, respectively, after a 15% withholding tax on gains from investment in fixed-income funds came into force on Aug 20. During Aug 20-30, issuance of short-end corporate bonds averaged 1.12 billion baht a day, down […]

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Vietnam’s new regulatory changes to increase market access for foreign investors

The Hanoitimes – The bill, which amends the Law on Investment 2014 and will be discussed at the National Assembly’s eighth session next month, includes the two long-awaited changes regarding foreign investors.   With positive revisions in market access conditions and investment incentives, the draft Law on Investment is expected to open up broader opportunities for […]

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