QUANG NGAI — The central province of Quang Ngai officially presented investment registration certificates to four foreign companies at the Vietnam-Singapore Industrial Park (VSIP)-Quang Ngai, with total investment of US$321 million, on Wednesday. These represent the newest projects at the VSIP Quang Ngai, bringing total foreign direct investment (FDI) in the park to $733 million since construction […]
Read MoreA draft bill on e-business tax, a levy on foreign-based online platform operators earning income in Thailand, is at risk of not being vetted by lawmakers before the government leaves office. The draft bill is being deliberated by the Council of State, said permanent secretary for finance Prasong Poontaneat. The bill should have been on […]
Read MoreThe government has lowered the investment target for new and renewable energy to US$1.79 billion this year from $2.01 billion in the previous year. However, the realization of renewable energy development only reached 79.60 percent of the target or $1.6 billion, last year. The Energy and Mineral Resources Ministry’s renewable energy and energy conservation director general, […]
Read MoreSingapore is giving new small and medium-sized enterprises (SMEs) access to two foundational digital solutions of their choice for free – at least in the first six months of the 18-month commitment period. The Start Digital initiative, launched by Infocomm Media Development Authority (IMDA) and Enterprise Singapore on Wednesday (Jan 9), will allow SMEs to […]
Read MoreVietnam’s exports to Cambodia exceeded 3 billion USD last year, setting a record high in a decade and opening up opportunities for local firms to capitalise on untapped potential of the neighbouring market, statistics show. In the past three years, the value of Vietnamese shipments to Cambodia increased continuously from 2.2 billion USD in 2016 […]
Read MorePETALING JAYA: Moody’s Investors Service says the government of Malaysia’s (A3 stable) credit profile reflects the country’s large and diversified economy with healthy medium-term growth prospects. It said the relatively high government debt was partly offset by a favourable debt structure and large domestic savings. “Malaysia’s real GDP growth should slow to 4.7% in 2019 […]
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