The government will be busy this year holding international roadshows to lure more investors to its much-touted Eastern Economic Corridor (EEC). Kanit Sangsubhan, the EEC Office secretary-general, said after the government set a time frame for key infrastructure development for the EEC project, this year it plans to attract investment, particularly from China, Japan and […]
Read MoreThe Revenue Department estimates its annual tax revenue growth will triple to 15% after the e-business tax, a levy on any online transaction that takes place in Thailand regardless of the e-commerce operator’s location, comes into force. Mr Prasong is upbeat about the tax revenue target of 1.93 trillion baht. The department’s tax revenue has […]
Read MoreThe amount of money in circulation in 2018 is predicted to grow by 10 to 12 percent from Rp 694.8 trillion (US$5.18 billion) in 2017, on the back of many political agendas stimulating the economy. Bank Indonesia (BI) money management head Suhaedi said the central bank projected the average growth of the total currency in […]
Read MoreThe Hanoitimes – Under the newly-approved restructuring plan, the Vietnam National Chemical Group (Vinachem) will be allowed to hold over 65% shares at Apatite Vietnam. The Deputy Prime Minister Vuong Dinh Hue has signed the Decision approving the restructuring plan of Vinachem in period 2017 – 2020, as such, Vinachem will hold less than 50% stakes […]
Read MoreVIENTIANE, Jan. 6 (Xinhua) — Construction of Nongkhang airport in Laos’ northern Huaphan province has been resumed after a one-year delay following financial difficulties of Vietnamese contractor, local daily Vientiane Times report on Saturday. The project was given the green light in June 2013 when the Lao government signed a contract with the Vietnamese Hoang […]
Read MoreKUALA LUMPUR (Xinhua) – Malaysia’s exports in November 2017 expanded 14.4 per cent year-on-year to 83.5 billion ringgit (20.92 billion US dollar) on higher manufactured goods demand, Malaysia’s Ministry of International Trade and Industry (MITI) said yesterday. The export growth was down from a 18.9-per cent growth in October last year. MITI said in a […]
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