The Cambodian government collected more than $760 million dollars in tax revenue during the first quarter of this year, an increase of more than 90 percent compared to the same period last year, according to a report released yesterday by General Department of Taxation (GDT). The reported noted that in March alone, the GDT collected […]
Read MoreHANOI — Vietnam’s exports of wood and wooden products in the first quarter of this year hit US$1.78 billion, a year-on-year increase of 17.1 per cent, the General Department of Vietnam Customs reported. This was especially evident in exports to the US and Japan, Vietnam’s largest wood importers. In the first three months of 2017, […]
Read MoreWASHINGTON – The International Monetary Fund (IMF) said the proposed tax overhaul pending in Congress could boost the revenue and tax effort of the Philippines, raising additional funds to bankroll the plan of the national government to ramp up infrastructure spending. Vitor Gaspar, director at IMF’s Fiscal Affairs Department, told The STAR the Comprehensive Tax […]
Read MoreThe Tourism Authority of Thailand (TAT) will host Bangkok Street Food Festival in June to give local roadside cuisine greater exposure to international tourists. TAT governor Yuthasak Supasorn said the authority is ready to host the street food festival in partnership with Bangkok Metropolitan Administration (BMA) on a popular road in the capital. The potential […]
Read MoreHIGH LOGISTICS costs in Laos are still a major obstruction for business operations throughout the domestic private sector and can also deter investors, a recent study suggests. Logistics costs in Laos are as high as double those of other Asean countries, according to the Japan External Trade Organisation. A study conducted by a Jetro survey […]
Read MoreMANILA, Philippines – The national government’s fiscal balance swung back to a deficit last February as revenue generation failed to offset spending during the period, data from the Bureau of the Treasury (BTr) showed. In its latest cash operation report, the BTr said the national government incurred a fiscal deficit of P23.7 billion in February, […]
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