MANILA, Philippines — Beverage giant Coca-Cola Beverages Philippines Inc. (CCBPI) is lobbying for the reduction of excise taxes on sugar-sweetened beverages (SSB). The Sugar Regulatory Administration (SRA) said CCBPI chief executive officer Gareth Mcgeown wrote Finance chief Carlos Dominguez, asking the government to “revisit and amend the excise taxes on sweetened beverages.” “Coke sent a […]
Read MoreAlphabet Inc’s Google is shifting its Pixel smartphone production to Vietnam from China starting this year as it builds a cheap supply chain in Southeast Asia, the Nikkei business daily reported on Wednesday. The move comes as labour costs are rising in China along with added pressure from spiralling tariffs due to the ongoing Sino-US trade tensions. […]
Read MoreThe Bangkok Metropolitan Administration (BMA) is likely to postpone the new garbage collection fee for another year, in a bid perceived as populist appeasement. The Bangkok Council on Wednesday gave initial approval to a proposal tabled by Bangkok governor Aswin Kwanmuang asking that the new fee should be put off for another year. Governor Aswin […]
Read MoreThe Hanoitimes – Inefficient border procedures are preventing Vietnam from improving its trade competitiveness. Vietnam’s customs authority on August 27 had a meeting with the US Agency for International Development (USAID) to discuss the implementation of the trade facilitation program (TFP) project backed by the latter, focusing on boosting efficiency in specialized inspection on trade activities. […]
Read MoreJAKARTA: The global economy could be hit by a second wave of damage from the U.S.-China trade war — and it will be much more severe than the first, Indonesia’s finance minister said. The outlook for global growth already was cut amid the dispute between the world’s two biggest economies, but the escalation in hostilities […]
Read MoreThe Finance Ministry is looking at amending e-commerce laws to increase business opportunities for local and foreign investors looking to invest in the e-commerce industry. “Thailand will pursue greater connectivity economically in the Asean region through public-private partnership infrastructure projects and strive to become the central economic, transportation and innovation hub of the region,” said […]
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