MANILA, Philippines — The immediate passage of the CITIRA (Corporate Income Tax and Incentives Rationalization Act) bill and the further easing of restrictions on foreign investments will enable FDI to recover after the record slowdown in May, economic managers and bank economists said yesterday. Net FDI inflows plunged 85 percent in May, the lowest in […]
Read MoreThe Customs Department intends to extend Pre-Arrival Processing (PAP) service, which transmits customs declarations and import documents to customs authorities electronically before the goods arrive in the destination country for cross-border land transport. The PAP streamlines customs processes, facilitates trade and will help raise the country’s ranking in the World Bank’s Ease of Doing Business […]
Read MoreINDONESIA has a raft of stimulus options available to bolster the South-east Asia’s biggest economy if global conditions worsen, Finance Minister Sri Mulyani Indrawati said. The government is prepared to boost spending and “reactivate” measures used during the global financial crisis if domestic growth needs a boost, Ms Indrawati said on Tuesday in an interview […]
Read MoreThe Hanoitimes – This is the first corporate governance code developed and released specifically for the Vietnamese market, in compliance with current legislation. Launched in mid-August 2019, the “Vietnam Corporate Governance Code of Best Practices” is expected to raise the quality of corporate governance in Vietnamese public and listed companies, according to PwC. The “Vietnam Corporate […]
Read MoreThailand’s Ministry of Commerce last week announced a ban on field corn imports coming through Ban Khao Din, in the border with Cambodia. The ban comes into effect on Saturday. The move was announced after a ministry meeting last week, according to Thai media reports. Ban Khao Din is an international border gate in Thailand’s […]
Read MoreNew export markets have been found rice and pulses produced in Myanmar, said U Aung Htoo, Deputy Minister of Commerce. “We are now exporting rice to the Philippines, Mozambique and China and mung beans to China and Vietnam,” he told Parliament on Monday. The ministry has encouraged farmers to harvest from high-quality seeds to meet […]
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