The Ministry of Economy and Finance issued an announcement on the implementation of guidelines on withholding tax for investors in the securities sector to promote the development of stocks in the Kingdom. The ministry issued the directive early this month, noting that local investors get a 6 percent tax break and non-locals get 14 percent […]
Read MoreLaos has announced it will resume domestic flights, begin to reopen schools, and ease other lockdown restrictions starting 18 May. The National Taskforce for Covid-19 Prevention and Control announced at a press conference held today nine measures that will be eased, and four restrictions that will remain in place, effective from 18 May. Measures eased: […]
Read MoreThe Hanoitimes – A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029. There may be concern that an open and flexible public-private partnership (PPP) law may lead to policy abuses, but on the contrast, limited investor protection to […]
Read MoreIndonesia’s foreign debt growth slowed down in the first quarter as foreign investors sold off Indonesian assets over fears of the COVID-19 pandemic, Bank Indonesia (BI) announced Friday. The country’s external debt, which includes borrowing by both the government and the private sector, was recorded at US$389.3 billion, a growth of 0.5 percent year-on-year (yoy). […]
Read More[MUMBAI] Malaysia has contracted to import a record 100,000 tonnes of rice from India for shipment this month and next, four industry officials told Reuters, in a further sign of improving trade relations between the countries after a diplomatic spat. The first such purchase this year is already nearly twice the average annual volume of […]
Read MoreCambodia’s government is pushing for free-trade agreement (FTA) talks with potential partners while seeking Russian’s help for a Eurasian Economic Union (EAEU) free trade agreement. The government is looking for support from Russia to push the Cambodia-EAEU FTA in order to expand trade volume and economic cooperation between Cambodia and the bloc. The call was […]
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Thailand
