Chea Pov, a native of Koh Thom district in Kandal province, wakes up before sunrise every morning to earn a living at construction sites around Phnom Penh. Today, the 40-year-old, mid-skilled construction worker will have to drive his motorcycle for half an hour to a construction site on Hun Sen Boulevard, near the Mercedes showroom. […]
Read MoreHANOI – Prime Minister Nguyen Xuan Phuc has asked the Tax Department of HCM City to hold back on enforcing a tax decision on collecting VND3.14 trillion (US$134.2 million) from Sai Gon Beer-Alcohol-Beverage Corporation (Sabeco) for violations on special sales tax. This request was made in an express document of the Government Office signed by […]
Read MoreShips at the Makassar Container Terminal in South Sulawesi are having to wait for five or seven days before they can load and unload cargo. Makassar Port Authority head Harno Trimadi said on Thursday that the terminal was beyond its capacity, as it was left to deal with 670,000 20-foot equivalent units (TEUs) even though it […]
Read MoreThe construction market is expected to maintain its growth prospects in the next few years, helped primarily by major public sector infrastructure projects. We believe that private-sector construction work will also increase, helped by the expansion in public infrastructure projects and a recovery in residential property activity. However, competition will remain fierce; hence our neutral rating. […]
Read MoreThe government plans to revoke the limitation on the number of franchise outlets of convenience stores as well as food and beverage outlets to accelerate investment in retail business. But the Indonesian Employers Association (Apindo) warns that such a policy could affect local retail business, including small shops. “In the revision, there will no longer […]
Read MoreIn a long awaited move, foreign insurance providers have finally been given the green light to operate in Myanmar, according to the Ministry of Planning and Finance (MOPF) yesterday. The MOPF’s announcement No1/2019 officially permits companies wishing “to operate the business of insurance, underwriting agency or insurance broking with foreign investment” to open for business […]
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Thailand
