Concerns have been mounting over a steep increase in local steep prices, however reinstating controls on the price of fuel to cap the spike will only result negative effects on the economy, said Dr Win Myint, secretary of Myanmar Petroleum Trade Association (MPTA). “The system of price controls has been done numerous times in our […]
Read MoreThe Hanoitimes – The government recently issued a new merchandizing decree regulating the temporary import and re-export of goods in a move to protect legal interests of domestic producers against violation cases. Under Decree No. 69/2018/ND-CP, which details a number of articles of the Law on Foreign Trade Management, commodities that temporarily import to Vietnam for […]
Read MoreMANILA, Philippines — Fraud cases in businesses nearly doubled in the last two years, pushing reported economic crimes in the country to its highest level, the latest bi-annual survey of PwC showed. The 2018 Global Economic Crime and Fraud Survey released yesterday showed over half, or 54 percent of Philippine organizations indicated that they have […]
Read MoreThe government has issued Government Regulation No. 14/2018 on foreign ownership of insurance companies, setting a maximum foreign ownership of 80 percent. “This regulation is valid for both new and old companies,” said the Finance Ministry’s fiscal policy head Suahasil Nazara in Jakarta on Tuesday as reported by kompas.com. Suahasil explained that foreign insurance companies with […]
Read MoreOfficials from the Commerce, Economy and Finance, and Mines and Energy ministries are now working together to help those affected by the recent surge in gasoline prices across the country, a spokesman for the Ministry of Commerce said. With companies and consumers across the nation complaining about the recent hike in petrol prices – which […]
Read MoreKUALA LUMPUR: Malaysia’s Consumer Price Index (CPI), which measures headline inflation, increased by 1.4% in April 2018 compared with the corresponding month last year. In a statement, the Department of Statistics (DoS) said the major groups which recorded increases were the indices for food and non-alcoholic beverages (2.6%), restaurants and hotels (2.2%), health (2.1%), housing, […]
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Thailand
