The Cambodian government on Friday approved a new draft taxation law which is said to contribute to promoting and enhancing the Cambodian business sector, increase the favorable investment environment, and strengthen fiscal compliance. The approval was made at a weekly cabinet meeting, chaired by Prime Minister Hun Sen, according to a press release. The new […]
Read MoreMANILA, Philippines — Companies have put on hold plans to expand their operations and hire workers in the second quarter of the year due to insufficient demand and high interest rates. Redentor Paolo Alegre Jr., officer-in-charge of the Monetary Policy Sub-Sector at the Bangko Sentral ng Pilipinas, said the results of the First Quarter 2023 […]
Read MoreWith the theme “ASEAN Matters: Epicentrum of Growth” for the ASEAN Year 2023, the event focuses on regional financial and banking cooperation, namely reconstruction, digital economy, and sustainable development. JAKARTA — A delegation of the State Bank of Việt Nam (SBV), led by its Deputy Governor Phạm Tiến Dũng, attended the ASEAN Central Bank Governors’ […]
Read MoreAfter a three-year hiatus, the popular Songkran (Pi Mai) Festival will be celebrated in Thailand this April, with more than 20 million visitors expected to attend the festivities. This annual three-day water-splashing festival is celebrated in the majority of Buddhist countries, including Laos, and marks the Buddhist Calendar New Year. To ensure safety during the […]
Read MoreCambodian and Chinese central bank officials have discussed the promotion of local currency settlement for cross-border trade between the two countries, said a statement released by the National Bank of Cambodia (NBC) on Saturday. The talks were held between NBC’s Deputy Governor Chea Serey and Xuan Changneng, vice governor of the People’s Bank of China, […]
Read MoreThe cumulative import turnover of CBU cars in Q1 2023 increased by 76 per cent in volume and 60.8 per cent in value compared to the same period last year. HÀ NỘI — Vietnamese firms spent over US$903 million in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office […]
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