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Philippines: Export group nixes VAT exemption as tax perk

MANILA, Philippines — The Philippine Exporters Confederation Inc. (Philexport) has expressed opposition against the classification of value added tax (VAT) exemption as a tax incentive under the second package of the tax reform program, saying this will make exports uncompetitive. In a position paper submitted to the Department of Finance, Philexport aired the group’s reservations […]

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Thailand: Inthanin Coffee to expand in Cambodia

CAMBODIA-BASED RCG Retail (Cambodia) Co Ltd has plans to open over 100 stores selling Thailand’s Inthanin brand of coffee in Cambodia from next month until the year 2022, after last week signing a memorandum of understanding with Thailand-based Bangchak Retail Co Ltd. The first, and flagship, branch will open in Phnom Penh in March this […]

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Myanmar: Government to link Dawei to Mawlamyine station

Myanmar will invest in building the necessary infrastructure needed to link Dawei in Tanintharyi Region to a power station in Mawlamyine in Mon State, enabling Dawei to gain access to electricity, said Dr Tun Naing, deputy minister at Ministry of Electricity and Energy (MOEE). This will involve a 60-mile, 66 kilovolt power transmission line linking […]

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Cambodia: Grab signs agreement with UNDP on traffic

Singapore-based ride hailing app Grab signed a cooperation agreement with the United Nations Development Programme (UNDP) on Friday to reducing pollution and traffic congestion in Phnom Penh. Under the deal, both parties agreed to explore working together to reduce transport-related greenhouse gas emissions by promoting clean energy vehicles and bio-fuel, as well as supporting the […]

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