MANILA, Philippines — Converge ICT Solutions Inc. extended its hot streak in the third quarter as the listed broadband services provider continued to attract new subscribers amid the pandemic. Net income grew 109% year-on-year to P1.95 billion in the July-September period, the company told the stock exchange on Thursday. In the first nine months, Converge’s […]
Read MoreThe goal is to ensure inland waterway corridors meet growing transportation demand, estimated at 715 million tons of freight and 397 million passengers by 2030. The Ministry of Transport estimated an investment capital required for inland waterway projects in the next 10 years of VND157 trillion (US$6.9 billion). Minister of Transport (MoT) Nguyen Van The […]
Read MoreCambodia’s tax chief ordered brewery and beverage plant owners to comply with tax good governance principles, including transparency, firmly suggesting that they install modern flow meter systems. General Department of Taxation (GDT) director-general Kong Vibol made the instruction during a visit to a Heineken Cambodia Brewery in Chbar Ampov district’s Prek Eng commune of southeastern […]
Read MoreThe baht opened at 32.87 to the US dollar on Thursday, weakening from Wednesday’s closing rate of 32.75. The Thai currency is likely to move between 32.70 and 32.90 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might fluctuate but could be strengthened by gold […]
Read MoreThe Ministry of Finance has advised the Government to launch a demand stimulus package through an interest-rate subsidy, worth VND20 trillion a year and VND40 trillion for two years. Minister of Finance Ho Duc Phoc said on November 9 that the 2021 state budget collection and expenditure tasks have been fulfilled with collections exceeding the […]
Read MoreThe new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. He made the remark at a virtual workshop on the law, organised […]
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