Tourism operators have thrashed the government announcement increasing the Covid-19 alert to Level 4, insisting state policy should enable people to live with the virus instead of limiting travel activities. Most business operators are ready to comply with the new rules, but will not agree if the government imposes strict lockdown measures again. Chamnan Srisawat, […]
Read MoreMANILA, Philippines — The Duterte administration plans to clear its debt with the Bangko Sentral ng Pilipinas (BSP) before the end of its term, the country’s finance chief said. Finance Secretary Carlos Dominguez III yesterday said they have taken the initial step in the consolidation plan it will pass on to the next administration by […]
Read MoreA leader of Japan’s power producer EREX said the corporation is seeking to invest in biomass power in Vietnam, which holds great potential for biomass power development. Attending a recent meeting with the Vietnamese Minister of Industry and Trade Nguyen Hong Dien, Honda Hitoshi, chairman and general director of EREX, said Vietnam is the first […]
Read MoreThe government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers. What are the incentives for EVs? The incentives recently approved by the cabinet aim to promote domestic manufacture of EVs […]
Read MoreA development strategy designed to transform the Cambodian garment trade into a dynamic, diversified, high-value and competitive sector – with a focus on the upskilling of factory workers – will be launched soon, a senior finance ministry official said on February 18. Ministry of Economy and Finance secretary of state Phan Phalla made the remark […]
Read MoreThe cabinet has approved waiving personal income tax for three foreign groups of taxpayers: high-income earners, retirees and those who want to work remotely from Thailand, said Finance Minister Arkhom Termpittayapaisith. Mr Arkhom said on Tuesday that the beneficiaries would be considered investors in Thailand as required by the government offering them long-term residence (LTR) […]
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