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Philippines: Tobacco farmers oppose tax hike

MANILA, Philippines — A group of local tobacco farmers has appealed to the government to reconsider the proposal to increase anew excise taxes on tobacco products. In a letter to the Department of Finance (DOF), Senate, and House of Representatives, the PhilTobacco Growers Association Inc. (PTGA) expressed its opposition against the proposed excise tax hike […]

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Indonesia scores low in video experience

Indonesians experience some of the poorest quality online video compared with other Southeast Asian countries, a recent study has shown. The study, conducted by OpenSignal, a United States-based company that specializes in mapping wireless coverage, found that Indonesia scored a total 45 out of the maximum 100 in its indicators, thus putting the country in sixth place out of […]

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Cambodia: Kingdom oil development contract awarded to Keppel

Singapore-based KrisEnergy, which operates Cambodia’s offshore Block A, has awarded a $21.7 million contract to Keppel Shipyard Ltd for the Kingdom’s oil development, its press release issued on Friday said. KrisEnergy announced that its wholly-owned subsidiary, SJ Production Barge Ltd, has contracted Keppel Shipyard Ltd for the modification and upgrading of its production barge for […]

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Businesses must accept more competition in exchange for more access to Asean markets: PM Lee

EVEN as Asean governments pursue economic cooperation, businesses must do their part to encourage such moves by accepting more competition at home in return for access to markets in other countries, said Prime Minister Lee Hsien Loong on Monday. Speaking at the opening ceremony of the two-day Asean Business and Investment Summit, he extolled the benefits of economic […]

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