VIETNAM on Thursday (Jun 29) reported faster economic growth in the second quarter, driven by the services sector, despite a slump in exports. Gross domestic product (GDP) in the second quarter grew 4.14 per cent from a year earlier, faster than the 3.28 per cent expansion seen in the first quarter, the General Statistics Office […]
Read MoreJakarta (ANTARA) – Indonesia’s marine economy has a lot of room to grow and the country could become a high-income country in the next few years, Coordinating Minister for Maritime Affairs and Investment Luhut B. Pandjaitan has said. According to Pandjaitan, in 2045, the contribution of the marine sector to the national economy would rise by […]
Read MoreROLLING power cuts and the Myanmar junta’s restrictions on businesses and foreign exchange are hampering the country’s economy, the World Bank said on Tuesday (Jun 27). The South-east Asian nation has been in turmoil since the military ousted democratically elected civilian leader Aung San Suu Kyi from office in a 2021 coup. Fighting between the […]
Read MoreVietnamese tax officials are looking at customised support mechanisms to alleviate the consequences of the global minimum tax (GMT) on foreign enterprises. On June 27, the leadership of the General Department of Taxation (GDT) under the Ministry of Finance engaged in discussions regarding the allocation of resources to assist foreign-invested enterprises (FIEs) affected by the […]
Read MoreThe ongoing Fifth Ordinary Session of the Ninth National Assembly Legislature has seen numerous issues raised to the government, with constituents recommending measures to resolve pressing economic and social issues faced by the country. Constituents came together during the National Assembly session today to address some of Laos’ most pressing issues, such as inflation, currency […]
Read MoreANN/THE STAR – Malaysia’s export and import unit value indices declined 0.2 per cent in May 2023, with exports falling to 141.7 points against 141.9 points in April while imports fell to 127.9 points from 128.2 points, said the Statistics Department Malaysia (DoSM). In a statement yesterday, DoSM said the fall in the export unit […]
Read More
Thailand
