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Vietnam: State Bank cuts key rates to spur growth

The State Bank of Việt Nam (SBV) announced it will reduce several policy interest rates from Monday, the regulator announced on its website Friday night. HÀ NỘI – The State Bank of Việt Nam (SBV) announced it would reduce several policy interest rates from Monday, the regulator announced on its website Friday night. “In order […]

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Thailand: Outlook for stable gains

Thailand’s economy is estimated to expand by 3.6% this year, up from 2.6% last year, supported by stronger private consumption, a recovery in the tourism sector and pent-up demand following China’s reopening, according to the World Bank. The 2023 outlook was unchanged from its forecast in December. The World Bank projects Thai economic growth of 3.7% […]

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Cambodia: Government approves new draft law on taxation

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 […]

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