Higher investments are essential for maintaining Indonesia’s stable annual economic growth, Finance Minister Sri Mulyani Indrawati says. “We have to make sure that growth can be spurred from investment, the fundamental factor for Indonesia to be able to maintain its growth momentum of above 5 percent without incurring vulnerabilities amid a very volatile global environment,” […]
Read MoreThailand will propose a tax on over-the-top (OTT) service providers to Asean members when the region’s telecom regulators meet in Bangkok next week, says the National Broadcasting and Telecommunications Commission (NBTC). The 25th Asean Telecommunication Regulators’ Council (ATRC) meeting will be held Aug 20-23 at Anantara Riverside Hotel. A press statement yesterday from the NBTC […]
Read MoreBank of Thailand governor Veerathai Santiprabhob has thrown his support behind the government’s plan to form a fiscal and monetary committee, saying the new body would reinforce cooperation among related agencies to better handle rising global economic uncertainties. The imminent committee will not have any impact on the central bank’s monetary policy decision-making, leaving its […]
Read MoreWithdrawing Cambodia’s tax-free entry into the European market would negatively nearly four million people, the Garment Manufacturers Association of Cambodia (GMAC) said Monday, as a monitoring period to determine eligibility for the trade scheme drew to a close. The European Commission on Feb. 12 launched a six-month investigation to determine whether the country’s exports should […]
Read MoreIFC, a member of the World Bank Group, has been supporting the Building Control Authority of the Yangon City Development Committee (YCDC) in efforts to reform the construction permit system and improve the ease of doing business in the city. The Yangon Building Permit System, an automated, paper-free system, went online on July 1 and […]
Read MoreA senior Lao government official has warned that unregistered currency exchange services that violate currency regulations must be punished. A number of foreign currency exchange services in Laos are openly flouting regulations, exacerbating the fluctuation of exchange rates, Vice President of Lao National Chamber of Commerce and Industry (LNCCI,) Ms Valy Vetsaphong said during a consultative meeting […]
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