The Hanoitimes – The proposal was highlighted in the fiscal and budget report in September 2018, which was released by the National Financial Supervisory Commission of Vietnam (NFSC). The NFSC, the government’s financial watchdog, has proposed cutting the corporate income tax for small-and-medium sized enterprises (SMEs) to support their operations. The NFSC emphasized that this is […]
Read MoreAccording to latest data from the National Bank of Cambodia (NBC), the country’s Consumer Price Index (CPI) stood at 2.34 in June last year and rose to 2.98 in June this year. There was a slight increase in the food and non-alcoholic beverages segment, up by 3.2 per cent, housing, water, electricity, gas and other […]
Read MoreIn a meeting yesterday, the Cabinet approved drafts that will add legal conditions to support small- and medium-enterprises (SMEs), allow the setting up of trade associations and raise registration fees to help cope with the country’s economic situation. These drafts will also amend the existing 1966 laws to help with the liberalisation of capital movement […]
Read MorePETALING JAYA: Malaysia’s budget deficit may widen to 3% of gross domestic product (GDP) in 2019, amid an expected slower economic growth of 4.5% next year, cautions AllianceDBS Research. The research house said although the government is on track to achieve its budget deficit target of 2.8% this year, it pointed out that the deficit level could potentially rise back to 3% due to several financial constraints that […]
Read MoreThe Hanoitimes – The structure of state budget expenditures is set to improved, of which, regular spending continues to decline and expenditure for development investment is going to increase. Vietnam’s state budget overspending in 2019 will be kept at VND222 trillion (US$9.49 billion) or the ratio of 3.6% of its GDP, according to Minister of Finance […]
Read MoreThe European Chamber of Commerce in Cambodia (EuroCham) expressed its “serious concerns” on Monday over the “long-term negative impacts” of the EU removing the Kingdom’s access to the preferential Everything But Arms (EBA} agreement. It also expressed “hope that a dialogue can be implemented to better address” the bloc’s concerns and suggested “a different course […]
Read More
Thailand
