The Hanoitimes – Vietnam recorded 58 M&A deals in 2019 worth US$2.6 billion, lower than the number of deals in 2018 but with higher value (122 transactions worth US$1.9 billion). Vietnam’s solid economic fundamentals continue to attract overseas investors, while cross-border acquisitions will dominate M&A deals in coming years, according to Baker McKenzie’s latest report “Global […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) has asked Malacañang to create a task force, which will conduct a study on the proposal to impose corporate taxes based on their gross earnings, according to top officials. In an interview, Finance Secretary Carlos Dominguez said the government would prioritize the study on the feasibility and […]
Read MoreBrunei Darussalam is ranked 66 out of 190 economies with an Ease of Doing Business (EODB) score that has seen a gradual increase from 69.6 (adjusted) in 2019 to 70.1 in 2020, according to this year’s edition of its annual Doing Business report (Doing Business 2020) published by the World Bank. The annual report meas-ures […]
Read MoreSoutheast Asia’s largest e-commerce site, Lazada, aims to improve the region’s logistics and digital payments infrastructure as it prepares for its 11.11 megasale. “We need to address the challenges of Southeast Asia,” said Pierre Poignant, chief executive of Lazada Group. “We have an inefficient logistics industry, a very low penetration for online payments and a […]
Read MoreThe Bank of Thailand’s Monetary Policy Committee (MPC) could cut the policy rate another 25 basis points before year-end, but the move is not expected to rein in the baht’s rising strength, says Kasikornbank (KBank). “Another possible rate cut this year is not anticipated to mitigate the baht appreciation significantly,” said Kobsidthi Silpachai, head of […]
Read MoreKUALA LUMPUR: The World Bank Doing Business 2020 Report has ranked Malaysia in 12th position amongst 190 economies worldwide, a further improvement from the 15th spot the previous year, says the International Trade and Industry Ministry. Minister Datuk Darell Leiking said the improved ranking was due to the public and private sector members’ collaboration and […]
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