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Inflation in Laos remains sore point for the poor

The Consumer Price Index (CPI) remains high in Laos despite the government increasing measures to curb  rising prices at Lao markets. According to a report from the Lao Statistics Bureau, the CPI reached 113.15 points in July, putting the annual inflation rate at 5.12 percent. The fluctuation of the exchange rate is one of the […]

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Cambodia: Capital gains tax to come into effect in Jan

The Cambodian government will start to implement capital gains tax collection from next year after an initial plan in July this year to boost national revenue, according to the director-general of the General Department of Taxation (GDT). Kong Vibol said the government and the Ministry of Economy and Finance decided to start implementing collecting the […]

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ASEAN + 5 expect to sign RCEP Agreement in November

The Regional Comprehensive Economic Partnership (RCEP) is expected to be signed in November this year. The information was released at the RCEP Ministerial Meeting hosted by Vietnam Minister of Industry and Trade Tran Tuan Anh via a video conference held on Thursday. Economic ministers from 15 countries participating in the RCEP negotiations attended the online conference, […]

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Myanmar: Mastercard to Open a Local Office in Yangon

Mastercard announced that it is deepening its commitment to Myanmar by taking steps to incorporate an entity in the country – thereby establishing a local office presence in Yangon – and to appoint a country business development manager. “As Myanmar continues its digital transformation, it is also necessary to empower its people with the skill […]

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