HANOI — The Ministry of Finance’s proposal to impose 10 per cent value added tax (VAT) on the transfer of land use rights has met with objections, as it might increase land prices. According to Nguyen Manh Ha, vice chairman of the Vietnam Real Estate Association, the VAT proposed by the ministry in a recently […]
Read MoreGarment and footwear makers are set to submit today a petition to the government of the United States to give Cambodian footwear exports preferential trade treatment under the US Generalised System of Preference (GSP) scheme. The new submission follows the announcement that the US government is due to review its GSP program for least-developed countries […]
Read MoreA review of the implementation of the National Socio-Economic Development Plan for 2017, discussions on plans for the coming year and introduction of draft laws up for debate were on the agenda as the National Assembly (NA) kicked off its fourth ordinary session yesterday in the capital. President Bounnhang Vorachit, Prime Minister Thongloun Sisoulith and […]
Read MoreThe number of new businesses registered with the Commerce Ministry rose 8% in September, signalling the economy is continuing to recover, says the Business Development Department. Director-general Kulanee Issadisai said the number of new companies and partnership companies registered with the department was 6,532 last month, up 8% from the same period last year. The […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) has issued a regulation on the settlement of bilateral trade transactions using local currency settlement (LCS), such as rupiah. BI communication director Arbonas Hutabarat said via the central bank’s website that the regulation aims to support the rupiah stability by reducing dependence on the US dollar when settling bilateral trade transactions. […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures extended gains on Monday evening, recording a fourth straight day of wins tracking higher crude oil prices and stronger export data from cargo surveyors. The benchmark palm oil contract price for January delivery on the Bursa Malaysia Derivatives Exchange was up 0.2 percent at 2,762 ringgit ($655.20) a tonne at the close of trade. It […]
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Thailand
