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Cambodia: Trade with Vietnam jumps 22% in Q1 to record $3.9B

Cambodia-Vietnam trade sharply increased by 22 per cent in the first quarter of 2021 on a yearly basis, reaching a record high of $3.892 billion, despite tightened border controls over fears of spreading the Covid-19 pandemic, according to the Vietnamese embassy in Phnom Penh. Vietnamese National Assembly (NA) chairman Vuong Dinh Hue told his Cambodian […]

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Malaysia extends tax break for corporate investors to 2022

KUALA LUMPUR: Malaysia has extended the expiry of existing income tax exemption on interest or profit earned from deposits for corporate investors in retail money market funds to Jan. 1,2022, according to a letter sighted by Bloomberg. A Securities Commission of Malaysia‘s spokesperson confirms the letter to Bloomberg via an email on Monday The letter […]

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Philippines: ADB sees job woes continuing

MANILA, Philippines — The government should build up on better labor market programs as the pandemic would have longer scarring effects on the country’s labor force even in a post-COVID era, the Asian Development Bank (ADB) said. In its latest blog, the Manila-based multilateral lender said an improved labor market is needed to aid workers […]

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