Special business visas for French citizens – similar to those already available to Chinese and South Korean investors – may be a reality in the near future, with the French ambassador expressing interest in enhancing “business visa cooperation” between both nations. Eva Nguyen Binh, France’s ambassador to Cambodia, made the remarks on Tuesday during a […]
Read MoreKUALA LUMPUR: The two percentage points cut in individual income tax rate in Budget 2018 announced last week would reduce the government’s tax revenue collection by RM1.3bil, said Second Finance Minister Datuk Seri Johari Abdul Ghani. Nevertheless, he was confident the country’s economy would continue to be stimulated through the government’s planned expenditure. “We (government) […]
Read MoreMANILA, Philippines — Strengthened demand for Filipino manufactured goods propelled the solid growth of the domestic manufacturing sector in October, the latest reading of the Nikkei Philippines Manufacturing Purchasing Managers’ Index showed. The seasonally adjusted Nikkei Philippines Manufacturing PMI registered a sharp increase in October to 53.7 from September’s 50.8. A reading above 50 indicates […]
Read MoreBoth the hike in the garment industry minimum wage and the recent political deterioration, perceived as a threat to the future of democracy in Cambodia, have received mixed responses from international businesses operating in the Kingdom’s lucrative garment sector. While some of the largest apparel giants sourcing from Cambodia have shown widespread support for the […]
Read MoreThailand plans to snatch back its market share for premium-grade white rice by exporting more to its traditional markets, including Hong Kong, Singapore and other Asian countries. Charoen Laothammatas, president of the Thai Rice Exporters Association, said Thailand’s market share for the segment has hovered around 40% the past few years. It used to control […]
Read MoreThe Bank of the Lao PDR will boost cooperation with commercial banks and enterprises to improve the management of money flow, aiming to comply with the regulations on the control of foreign reserves and strengthen the process. Responding to questions from National Assembly members during the ongoing debate session last week, Deputy Governor of the […]
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