The Department of Economic Planning and Statistics (DEPS), Ministry of Finance and Economy (MoFE) projected Brunei Darussalam’s gross domestic product (GDP) growth this year to be between 0.8 and 1.6 per cent, with the oil and gas sector expected to grow at a rate of 0.5 per cent, and the non-oil and gas sector to […]
Read MoreAfter serving over one million passengers last week the nation is now among the world’s top ten aviation markets, according to the latest statistics released by OAG, a global travel data provider based in the UK. The Vietnamese aviation market recorded growth of 117,000 passengers over the latest week, reaching a total of 1,072,977 passengers […]
Read MoreMANILA, Philippines — The Philippine economy is expected to grow by 7.4 percent this year as the start of COVID-19 vaccination this month is boosting business optimism despite another wave of infections in the country. In its latest analysis, market intelligence firm IHS Markit predicted that gross domestic product (GDP) for 2021 would return to […]
Read MoreMinistry of Post and Telecommunications (MPTC) and Microsoft in Asia Pacific have agreed to enhance the digital usage in Cambodia, as the Royal Government is transforming itself into an e-government. The two sides signed virtually on Mar. 16 a memorandum of understanding on the cooperation on human development and promotion of digital usage in Cambodia […]
Read MoreThe number of Thai households shopping online has shot up 58 per cent during the Covid-19 pandemic, which has accelerated the region’s shift to e-commerce. The dramatic rise in households buying online signals a turning point for e-commerce in Asia, says global marketing research firm NielsenIQ. “We have entered the end of the beginning of […]
Read MoreLower compliance cost for administrative procedures ensure a healthy and transparent business environment, while creating the foundation for enterprises’ development, Minister and Chairman of the Government Office Mai Tien Dung has said. To realize taxation procedures, enterprises in Vietnam have to spend an average of 3.8 hours and VND267,000 (US$11.5), the lowest compliance cost among […]
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Thailand
