INVESTMENT drawn to the proposed Eastern Economic Corridor (EEC) could push the country’s economic growth rate above 5 per cent by 2021, Siam Commercial Bank’s Economic Intelligence Centre (EIC) said. Vithan Charoenphon, the head of service cluster at the centre, said that if the government’s flagship economic zone proceeds as planned, the GDP growth rate […]
Read MoreA DISCUSSION of one of the most interesting countries in Asean in terms of investment and economic growth would have to include Vietnam. Vietnam is not just a star on its flag, but also in terms of economy and investment. The past decade saw rapid growth of Vietnamese economy, with the average annual increase in […]
Read MoreThe Hanoitimes – Foreign investors are increasingly pouring money in Vietnam’s firms through capital contribution and share purchase, two simple but effective investment modes. Foreign capital inflows through capital contribution and share purchase surged in 2017 and continue to increase in early 2018. Notably, foreign investors posted 415 deals of capital contributions while share purchase in Vietnam firms […]
Read MoreThe Ministry of Planning and Finance (MOFP) submitted a proposal that will enable income not declared in the past to be taxable at the appropriate rate under the 2018 Union Tax Law. The proposal was submitted to Parliament on Tuesday. “This represents an opportunity for the Inland Revenue Department to collect taxes on previous years’ […]
Read MoreThe Ministry of Economy and Finance held a workshop yesterday to finalise a draft on a sub-decree managing non-tax revenue sources, part of the government’s attempt to improve its revenue collection. About 300 officials from relevant ministries attended the workshop, which was headed up by Net Mony, director-general of the General Department of State Assets […]
Read MoreThe Inland Revenue Department (IRD) is planning to stop levying withholding tax starting April 1 onwards in a bid to boost the economy, it revealed during a weekend discussion. The discussions, which took place with the Yangon Regional Government, Union of Myanmar Federation of Chambers of Commerce and Industry and other business associations, were held […]
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Thailand
