Below are among new policies on import and export nomenclature, electricity generation price bracket, and licenses to manufacture tobacco products taking effect from December. Conditional production for industrial chemicals Decree No. 82/2022/ND-CP (Decree 82) dated October 18, 2022, amends and supplements a number of articles of Decree No. 113/2017/ND-CP detailing and guiding the implementation of […]
Read MoreCambodia’s economy is recovering well after COVID-19, but global headwinds could pose risks to a positive outlook in months to come, the World Bank said in a report released yesterday. The World Bank forecasts economic growth of 4.8 percent in 2022 as the post-pandemic economic recovery expands thanks to a rebound in tourism, the World […]
Read MoreThailand’s economic outlook remains positive for next year despite global headwinds, according to economists. Speaking at the “Thailand Insight 2023: Unlocking the Future” forum held on Wednesday by the Bangkok Post, Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered Bank (Thai), said Thailand could provide opportunities in 2023 and the bank is positive about […]
Read MoreTaxes on land and housing in Vietnam are far lower than those in other countries, exposing the need for higher tax rates to improve fiscal revenues. The Ministry of Finance (MoF) has recently approved the scheme for tax reform until 2030. Under the scheme, the first draft law on property will be proposed before the […]
Read MoreCambodia’s economy seems to be going strong on the recovery path after the Covid-19 pandemic that roiled the world’s economy, according to a World Bank report released on Wednesday. However, global economic headwinds, like slowing world trade growth, are likely to pose risks to a positive outlook in the coming months, adds the World Bank’s […]
Read MoreThe development, driven by the revival of the tourism sector, suggests that the country is beginning to recover from the pandemic in earnest. The Bank of Thailand reported that in September there was a $623 million surplus in the current account, which measures the balance of tradable goods, services, and income into and out of the […]
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