The government and car companies are scheduled to meet next month to discuss a proposal to impose a higher excise tax on oil-powered vehicles as part of efforts to promote electric vehicles (EVs) and reduce air pollution. The tax hike was suggested because the current excise tax structure for cars is due to end in […]
Read MoreLaos needs to develop more agricultural areas as education sites for tourists aims to increase interest in its tourism industry, tourism experts stated. This was also following Deputy Minister of Agriculture and Forestry’s Mr Linkham Duangsavanh, visiting recently to promote quality coffee production of the Bolaven Plateau coffee producers’ cooperatives in Champassak province. The Deputy […]
Read MoreExport revenue in 2020 is estimated to reach $267 billion while imports are to reach $260 billion, resulting in a trade surplus of some $7 billion, according to Deputy Minister of Industry and Trade Do Thang Hai. Amid the impact of COVID-19, exports still rose 1 percent and were a bright spot and key foundation […]
Read MorePETALING JAYA: Malaysia’s economy is expected to grow by 6.7% in 2021, on the back of successful containment of Covid-19 infections and effective rollout and distribution of the vaccine, according to the World Bank. The latest edition of the World Bank Malaysia economic monitor: Sowing the seeds, said quicker containment of the third wave of […]
Read MoreThe government is easing travel restrictions for citizens from 56 countries to boost the country’s pandemic-hit tourism industry, though visitors will be required to undergo a mandatory two-week hotel quarantine. Tourists from countries including Australia, France and the United States can travel without visas, but would need a certificate to show they are free of […]
Read MoreMany businesses have re-opened since June but sales are still down significantly, especially micro, small and medium-sized companies (MSMES), with firms in Siem Reap very badly hit, according to the World Bank’s Cambodia Business Surveys (BPS). The BPS was taken to understand the economic effects of COVID-19 on companies. It was conducted in June and […]
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Thailand
