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China’s Hainan promotes free trade port in Cambodia

South China’s Hainan Province on Wednesday held a forum here to promote the Hainan Free Trade Port to Cambodian officials, entrepreneurs and exporters. The event was attended by some 170 Cambodian and Chinese officials and business people. Speaking at the event, Hainan’s Vice Governor Shen Danyang said Hainan and Cambodia enjoy geographical proximity, which is […]

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Vietnam fixed on clawing back e-commerce taxes

E-commerce tax from businesses and sellers will continue to be collected in 2023 as part of ongoing efforts to ensure cross-border giants declare profits and pay their taxes. According to the Vietnam e-Commerce and Digital Economy Agency (iDEA), in 2022, retail e-commerce revenue in Vietnam reached $16.4 billion, up 20 per cent compared to 2021, […]

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Myanmar Construction Industry Databook Series Q1 2023 Update: Steady Growth of 2.2% Per Year Expected Through 2027

According to the publisher, construction industry in Myanmar is expected to grow by 8.5% to reach MMK 8,780 billion in 2023.Despite near-term challenges in certain construction sectors, medium to long term growth story in Myanmar remains intact. The construction industry in Myanmar is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, […]

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Thailand: Crude palm oil exports set to hit 1m tonnes

Crude palm oil exports may reach 1 million tonnes this year, up from 919,000 tonnes last year, driven by a higher supply of oil palm and strong demand from India and China, according to the Commerce Ministry. Wattanasak Sur-iam, director-general of the Internal Trade Department, said the ministry plans to increase crude palm oil exports this […]

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