MANILA, Philippines – Investments approved by the Board of Investments (BOI) likely soared 25 percent in the first four months this year as investors continue to position for the “golden age” of infrastructure in the country. BOI managing head Ceferino Rodolfo said yesterday project approvals from January to April are tracking an increase of at […]
Read MoreSoftware Park Thailand, a government agency under the Science and Technology Ministry, has allocated a budget of 280 million baht to sponsor and support local startups this year. The move is part of the government’s attempts to drive the Thailand 4.0 economic model, said Chalermpol Tuchinda, director of Software Park Thailand. He said Software Park […]
Read MoreThe Cambodian government collected more than $760 million dollars in tax revenue during the first quarter of this year, an increase of more than 90 percent compared to the same period last year, according to a report released yesterday by General Department of Taxation (GDT). The reported noted that in March alone, the GDT collected […]
Read MoreHANOI — Vietnam’s exports of wood and wooden products in the first quarter of this year hit US$1.78 billion, a year-on-year increase of 17.1 per cent, the General Department of Vietnam Customs reported. This was especially evident in exports to the US and Japan, Vietnam’s largest wood importers. In the first three months of 2017, […]
Read MoreWASHINGTON – The International Monetary Fund (IMF) said the proposed tax overhaul pending in Congress could boost the revenue and tax effort of the Philippines, raising additional funds to bankroll the plan of the national government to ramp up infrastructure spending. Vitor Gaspar, director at IMF’s Fiscal Affairs Department, told The STAR the Comprehensive Tax […]
Read MoreThe Tourism Authority of Thailand (TAT) will host Bangkok Street Food Festival in June to give local roadside cuisine greater exposure to international tourists. TAT governor Yuthasak Supasorn said the authority is ready to host the street food festival in partnership with Bangkok Metropolitan Administration (BMA) on a popular road in the capital. The potential […]
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