Since June 13, ride hailing companies operating in Yangon have been obliged to pay income and commercial tax to the Yangon government under the law, U Myint Thaung, regional minister of Planning and Finance said in parliament. Three ride-hailing companies currently operate in Yangon: Singapore’s Grab, which entered Yangon last year, as well as local […]
Read MoreThe Hanoitimes – Deputy Prime Minister Trinh Dinh Dung gave his approval to the Ministry of Planning and Investment (MPI)`s appraisal document on the Bamboo Airways investment project at Phu Cat Airport, Binh Dinh province. Final preparation underway In an announcement on June 20, the deputy prime minister requested the MPI to draft a prime minister […]
Read MoreThe Excise Department is imposing a tax on B20 biodiesel that is 82 satang lower than the B7 tax in a push to make the former’s retail price three baht per litre cheaper than the latter’s, says a senior official. The Oil Fund will subsidise the remaining 2.18 baht a litre, said Tibordee Wattanakul, director of […]
Read MoreThere is an “implicit bias against Chinese investments” in Myanmar, a report from the International Growth Centre argued, attributing the prejudice to the legacy of earlier Chinese projects in the country, including Myitsone Dam and Letpadaung Copper Mine. The way for Chinese firms to repair the tainted brand is to directly engage the affected communities and […]
Read MorePETALING JAYA: Higher retail fuel prices is the main reason that resulted in the rise of inflation in the country last month. According to the Statistics Department, the consumer price index (CPI), which is a gauge of headline inflation in the country, rose 1.8% in May from 1.4% in the preceding month. The pace of […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) yesterday delivered back-to-back rate hikes as inflation expectations remain elevated for this year as well as the risk of possible second-round effects from ongoing price pressures. BSP Governor Nestor Espenilla Jr. said in a press conference the Monetary Board decided to raise the interest rate on […]
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Thailand
