The Hanoitimes – Vietnam’s FDI incentive regime next time should focus on investors whose products and investment are needed by the country in the future, thus contributing to maximizing the capital inflow’s influence and added value, experts said. According to experts, investment incentives are among the vital tools to make the country more attractive to foreign […]
Read MoreThe Revenue Department has insisted selecting Counter Service Co, a payment service provider wholly owned by CP All Plc, to provide value-added tax (VAT) refunds for foreign tourists outside airports was done in a transparent manner. Three companies sought licences to run the VAT refund service outside airports, but two of them failed to meet the […]
Read MoreSINGAPORE – Singapore’s logistics sector is stepping on the gas pedal in its technology adoption efforts, with a three-year plan outlining ways for various stakeholders to digitalise their processes and collaborate with each other. The industry-led roadmap, developed by the Singapore Logistics Association (SLA), was announced on Wednesday by Senior Minister of State for Trade […]
Read MoreMANILA, Philippines — ANZ Research expects inflation to hit seven percent this quarter as the Bangko Sentral ng Pilipinas (BSP) believes the supply shocks from Typhoon Ompong are likely to persist over the next few months. “We expect headline inflation to cross seven percent this fourth quarter,” ANZ Research economist for ASEAN and India Shashank Mendirata said. Mendirata said price pressures […]
Read MoreThe Bank of Thailand has set out measures to rein in mortgage lending after it found widespread search-for-yield behaviour in the residential market, with some banks extending housing loans exceeding the central bank’s guidance. The prolonged low-interest-rate environment led to search-for-yield behaviour in the property market, artificial demand in mortgage lending and underpricing of risks, though the […]
Read More(KPL) Lao firms and households are expected to benefit from a new US$13-million project, approved on Sep 27, 2018 by the World Bank’s Board of Executive Directors, which will promote reforms to the business environment, for instance reducing the number of days needed to start a business. The Lao PDR Competitiveness and Trade Project will […]
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