Vietnamese tax officials are looking at customised support mechanisms to alleviate the consequences of the global minimum tax (GMT) on foreign enterprises. On June 27, the leadership of the General Department of Taxation (GDT) under the Ministry of Finance engaged in discussions regarding the allocation of resources to assist foreign-invested enterprises (FIEs) affected by the […]
Read MoreThe ongoing Fifth Ordinary Session of the Ninth National Assembly Legislature has seen numerous issues raised to the government, with constituents recommending measures to resolve pressing economic and social issues faced by the country. Constituents came together during the National Assembly session today to address some of Laos’ most pressing issues, such as inflation, currency […]
Read MoreANN/THE STAR – Malaysia’s export and import unit value indices declined 0.2 per cent in May 2023, with exports falling to 141.7 points against 141.9 points in April while imports fell to 127.9 points from 128.2 points, said the Statistics Department Malaysia (DoSM). In a statement yesterday, DoSM said the fall in the export unit […]
Read MorePrime Minister Hun Sen yesterday said that the service sector is expected to become Cambodia’s largest by gross domestic product (GDP) composition, replacing industry and agriculture. The Covid-19 pandemic has had a devastating impact on the tourism and travel sector, disrupting businesses across all types of industries. Nearly 1,200 establishments in the tourism industry were […]
Read MoreMANILA, Philippines — The country’s economic growth remained robust in the second quarter, with gross domestic product (GDP) expanding by around six percent, the Bangko Sentral ng Pilipinas (BSP) said. Outgoing BSP Governor Felipe Medalla said in an economic forum that the economy likely expanded by around six percent from April to June this year. […]
Read MoreManufacturers want the government to boost exports despite facing what appears to be an uphill struggle after witnessing a decline in export value over a period of eight consecutive months, according to the latest survey conducted by the Federation of Thai Industries (FTI). Of 210 company executives across 45 industries who were interviewed by the FTI, […]
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Thailand
