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Thailand: Pay 1% more in VAT, PM asks Thais

PRACHIN BURI – Prime Minister Prayut Chan-o-cha has asked Thais to sacrifice by paying 1% more in value-added tax (VAT) to reap 100 billion baht for the state coffers. The prime minister made the plea Thursday before a gathering of residents who welcomed him at Prachin Ratsadornamrung School in this province east of Bangkok. He […]

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Philippines needs more FTAs to sustain mfg growth

MANILA, Philippines – The Philippines needs to forge more free trade agreements (FTAs) with other countries if it wants to sustain the manufacturing sector’s growth, the Department of Trade and Industry said. In a briefing Tuesday, DTI Assistant Secretary Rafaelita Aldaba said forging FTAs with more countries is an important strategic action needed to ensure […]

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License for Cambodia Investment Tax Service

Cambodia Investment Tax Service has become the 44th tax agent to get a license from the General Department of Taxation (GDT) since the government made an effort to modernize and make more efficient tax collection by using private companies.  Anthony Galliano, company group CEO, said licensing and regulating the industry is a progressive and much-needed […]

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Vietnam’s Mobile World Group enters Cambodia

Mobile World Group (MWG) will launch its first store called BigPhone.com in Cambodia in the first quarter of this year, according to Viet Nam News. The store is under construction, general director of MWG Tran Kinh Doanch was quoted as telling the English daily. “Once operation, the store will employ mostly local people,” he said. […]

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Miti: Explore opportunities in the Philippines

MANILA: The International Trade and Industry Ministry (Miti) has urged Malaysian corporations to explore new business avenues and collaborations with partners in the Philippines, a country currently undergoing rapid growth transformation. During a working visit to Manila, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the Malaysia-Philippines Business Council (MPBC) was revived in […]

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Coca-Cola to invest additional $285 mln in Vietnam: state media

Coca-Cola Co is planning to invest an additional $285 million in Vietnam, state media reported, quoting the company’s general director for the country. The beverage maker’s decision highlights its interest in the Vietnam market and may put pressure on its competitors. With this investment, Coca-Cola’s total investment in the country will reach $1 billion. Coca-Cola […]

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