MANILA, Philippines — The Philippines booked a 12.1 percent hike in net inflow of long-term investments to $657 million in January from $586 million in the same month last year prior to the full-blown global coronavirus outbreak, according to the Bangko Sentral ng Pilipinas (BSP). The central bank said the increase in foreign direct investments […]
Read MoreVietnam plans to enact a law to fight against the transfer pricing tax in an effort to enforce transfer pricing rules more aggressively, according to Cao Anh Tuan, general director of the General Department of Taxation (GDT). VEPR (the Vietnam Institiute for Economic and Policy Research), in its research on the behaviors of FIEs of […]
Read MoreThe Ministry of Commerce (MoC) and local private company K.C.C.V Plantation Co Ltd have announced cooperation to develop a safety agricultural production chain and value in order to accelerate markets for smallholders. The cooperation was made via a memorandum of understanding (MoU) between the Ministry’s Accelerating Inclusive Markets for Smallholders (AIMS) project and K.C.C.V, according […]
Read MoreThe Indonesian automotive industry remains attractive for current and future investment in the region with low labor costs and favorable production growth, Fitch Solutions has stated. According to Fitch Solutions Autos Production Risk/Reward Index (RRI), the low cost of labor remains Indonesia’s main key strength, reflected in the average wages score of 83.9 out of […]
Read MoreKUALA LUMPUR, May 28 — The majority of Malaysians want the government to recover the tax revenue that is lost to the shadow economy or black market in order to protect jobs and facilitate economic recovery following the Covid-19 crisis, according to the results of a survey. Boutique market research firm Green Zebras Sdn Bhd, […]
Read MoreThe Hanoitimes – Vietnam contains one of the highest potential for wind power in the region, as it is endowed with high wind speeds particularly in the offshore or near-shore areas. Fitch Solutions, a subsidiary of Fitch Group, expects growing opportunities in Vietnam’s wind sector, mainly thanks to stronger regulatory support announced in recent weeks and […]
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Thailand
