China’s recent optimization of its COVID-19 response and gradual restoration of Chinese citizens’ overseas travel have enthused those working in the tourism sectors of Asia-Pacific countries. Cambodian Prime Minister Hun Sen said he was very pleased to welcome back Chinese tourists, saying that their presence is vital to the country’s tourism and economic growth. “When […]
Read MoreMANILA, Philippines — The sugar industry was caught off guard with President Marcos’ directive to import sugar anew, according to industry experts. They said if there is really a need to control prices, importation should be through an order of the Sugar Regulatory Administration (SRA) Board rather than the Minimum Access Volume (MAV), which has […]
Read MoreVietnam has made a go of bringing inflation under control in 2022 thanks to the government’s great efforts to rein in market prices, with praise from various international organisations. The General Statistics Office (GSO) last week reported that Vietnam’s consumer price index for the whole of 2022 increased 3.15 per cent on-year, lower than the […]
Read MoreMANILA, Philippines — The Philippines and China have signed an agreement that would fast-track cargo processes between the two countries in a bid to improve trade facilitation. During President Marcos’ state visit to China last week, the Bureau of Customs (BOC) and the General Administration of Customs of China inked a mutual recognition arrangement (MRA) […]
Read MoreThe Ministry of Economy and Finance (MEF) has started implementing the revenue-based taxation rules and procedures on commercial gambling businesses on the self-declaration regime since December 30, 2022, after the lump sum-based taxation method had been practised for several decades, said a senior official of the ministry. Commercial gambling businesses are also required to follow […]
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Thailand
