Experts have said that concise and detailed regulations will facilitate investors and mitigate the impact on the environment. Local experts have warned that Vietnam lacks regulations on environmental impact assessment (EIA) for offshore wind power projects despite lots of potentials. Review on Vietnam’s law regarding EIA shows that regulations on project examination remain brief and […]
Read MoreThe Bank of Thailand is concerned about business closures and layoffs attributed to the prolonged Covid-19 outbreak, which is adding significant downside risks to the economy. The central bank on Wednesday released the edited minutes of the Monetary Policy Committee (MPC) meeting last week, which revealed the financial position of businesses, especially those in the […]
Read MoreTalk to your tax department, respond quickly and be patient. That’s the advice from two leading tax advisers for companies submitting tax returns in Cambodia and preparing information before a visit from the auditor. KPMG Cambodia Tax Associate Director Mom Rinsey Tola and Clint O’Donnell, who co-manages DFDL Cambodia’s tax team, spoke with members of […]
Read MoreThe draft power development plan (PDP) VIII estimates about US$128.3 billion will be needed over the next decade, in order to achieve the natural gas and renewables targets. The main drive behind stronger gasification in Vietnam will come from the State, as Vietnam’s latest state PDP VIII (2021-2030), published in February 2021, sets higher targets […]
Read MoreMANILA, Philippines — The country’s economic managers further slashed the growth outlook for this year following the reimposition of stricter mobility restrictions in various parts of the country. The Cabinet-level Development Budget Coordination Committee (DBCC) said yesterday its gross domestic product (GDP) growth target of six to seven percent has been compromised by the heightened […]
Read MoreThe baht opened at 33.32 to the US dollar on Thursday, weakening from Wednesday’s closing rate of 33.30. The Thai currency is likely to move between 33.25 and 33.40 during the day, Krungthai Bank market strategist Poon Panichpibool said. The baht could be volatile as exporters continue to sell the dollar while investors short-sell the […]
Read More
Thailand
