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Myanmar seeks better coordination in ODA

The government indicated a determination to better coordinate development assistance among sectors, ministries and projects, according to a senior official from the Ministry of Planning and Finance at the Aid & Development Asia Summit held in Nay Pyi Taw on June 14 and 15. Businesses, NGOs, UN agencies, experts and government officials gathered at the […]

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Thailand: Parsing e-commerce tax options

E-commerce, the online trading phenomenon breaching global boundaries, has enabled companies and even individual vendors to increasingly engage in transactions with customers without any of the contacts traditionally associated with sales of goods and services. With an estimated value that runs into trillions of baht a year, it’s little surprise that the Revenue Department has […]

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Vietnam: Rice prices up in domestic, foreign markets

HCM CITY — The price of Vietnamese rice has increased strongly in both domestic and foreign markets recently because of high demand and limited supply, local reports say.  In the world market, Vietnamese rice is only priced lower than that from Thailand  Jasmine rice is now priced at US$565-570 per tonne, $65-70 per tonne higher […]

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Philippines: Foreign debt slips to $73.8 B in March

MANILA, Philippines –  The country’s foreign obligations decreased 4.9 percent in the first quarter as key external debt indicators remained at comfortable levels, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.  BSP Governor Amando Tetangco Jr. said the outstanding Philippine external debt stood at $73.8 billion in the first quarter, lower by $3.8 […]

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