Cambodia appears to be making moves toward following the global trend of encouraging green investments. A new tax law will give incentives for investments approved for sectors such as environmental management, biodiversity conservation, the circular economy, green energy as well as technology contributing toward climate change adaptation and mitigation. The law is being welcomed for […]
Read MoreSINGAPORE’S unemployment rates continued to decline in November, according to Manpower Ministry statistics on Thursday (Jan 6). The overall unemployment rate declined to 2.5 per cent, from 2.6 per cent the month before. Resident unemployment fell to 3.2 per cent from 3.4 per cent previously, and citizen unemployment to 3.5 per cent from 3.6 per […]
Read MoreMANILA, Philippines — Prices of goods and services in the country accelerated faster than government expectations last year despite clocking in 2021’s lowest inflation rate in December, the Philippine Statistics Authority (PSA) said. Headline inflation, or the rate of increase in the consumer price index, slid to 3.6 percent in December from 4.2 percent in […]
Read MoreInconsistent quarantine policies and Covid patients’ statistics are making it difficult for the aviation and tourism sectors to reopen. Vietnam resumed international routine air routes on January 1, 2022. Some markets have agreed to reopen air routes with Vietnam. Domestic air carriers have begun selling air tickets. However, only a few flights could take off […]
Read MoreCambodia’s lack of a textile industry to support to its burgeoning garment industry has seen neighbouring Thailand’s exports of textiles soaring and are expected to grow by 15 per cent. Thai media has reported that textile exports were boosted by demand from apparel-producing territories such as Cambodia, Vietnam, Indonesia, India, Europe and the US garment […]
Read MoreProfits from cryptocurrency trading are now subject to a 15% capital gains tax, according to a source from the Finance Ministry. The ministry recommends investors identify their income from cryptocurrencies when filing tax this year to avoid legal penalties. In 2022, all taxpayers who gained from cryptocurrencies, including investors and mining operators, are subject to […]
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