THE Philippine Exporters Confederation Inc. (PhilExport) has petitioned the government not to fiddle around with the zero value-added tax (VAT) exemption, which applies to both indirect and direct exporters. The Department of Finance (DoF) is proposing to keep the zero VAT rate only for direct exporters. In a position paper dated February 1, PhilExport said […]
Read MoreThe domestic vegetable and fruit industry in January witnessed a year-on-year increase of 14 per cent in export value to US$230 million, according to the General Statistics Office (GSO). So far this year, Vietnamese vegetable and fruit products have been shipped to more than 60 countries. Lychee, rambutan, dragon fruit, mango and longan, in particular, […]
Read MoreHEADLINE inflation likely accelerated in January on higher food and oil prices, further depreciation of the peso and sin tax adjustments, analysts polled by The Manila Times, said. Five analysts said inflation in the first month of this year could have settled within the 2.8 percent to 2.9 percent range. The average estimate by analysts […]
Read MoreBUSINESS performance improved for firms here in the last quarter of 2016, but they remained highly cautious about prospects soon, a survey has found. This cautiousness – the first in five quarters – would translate into a Q1 2017 growth rate similar to the pace seen at the end of 2016. The latest Business Times-UniSim […]
Read More[JAKARTA] Indonesia’s efforts to reboot its economy were dealt a blow Monday as official data showed growth ticking up in 2016 but undershooting expectations for the final quarter. President Joko Widodo came to power in 2014 on a pledge to boost economic expansion to seven percent but his government has struggled to lift growth rates […]
Read MoreThe potential collapse of the Trans-Pacific Partnership (TPP) trade pact may not impact Vietnam’s sovereign credit quality as much as was projected earlier, Moody’s said. Though the dissolution of the pact is a “material” loss to export-driven economies such as Vietnam, investments made in anticipation of the TPP are unlikely to be reversed and will […]
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Thailand
