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Cambodia: Ministry to submit rubber tax proposal

In a bid to attract more investors to the sector, the Ministry of Agriculture is working on a proposal to reduce taxes on rubber exports. Agriculture Minister Veng Sakhon said one of the points included in the proposal is that shipments valued at less than $2,000 per ton should not be taxed. Currently, the government […]

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Philippines: Hot money swings to $1.2 billion net inflow in 2018

MANILA, Philippines — More foreign portfolio investments flowed into the Philippines last year, hitting the highest level in five years and reversing the net outflow in 2017 as investors welcomed the implementation of the government’s tax reform program, according to the Bangko Sentral ng Pilipinas (BSP). Net inflow of hot money or speculative funds amounted to $1.2 billion […]

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Czechs eye Thai trade, technology

The government of the Czech Republic along with 39 companies from the Central European country met with the Thai government on Wednesday to discuss investment in trade and technological development in the Eastern Economic Corridor (EEC).  The meeting resulted in the two governments signing a memorandum of understanding yesterday to further discuss and solidify investments.  Industry […]

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Prospects look good for Vietnam’s economy in 2019

HANOI — Vietnam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable. The statement was made by Nguyen Dinh Cung, director of the Central Institute […]

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