Laos is one of the fastest growing economies in Southeast Asia (SEA). On average the country’s economy as measured by GDP has grown by 7.5 per cent per year and trade by 17 per cent per year since 2000, reflecting the importance of trade as a key driver of its growth. However, while Laos is […]
Read MoreSINGAPORE – The Republic continues to rank world No. 1 in the area of order and security, according to the 2019 Rule of Law Index compiled by the World Justice Project (WJP), an independent advocacy group based in the United States. Order and security is measured by how well a society ensures the security of […]
Read MoreVietNamNet Bridge – If the luxury tax on domestically made car parts is removed, production costs could be considerably lower and the low-cost car dreams would be within reach. A source told VietNamNet that the Ministry of Finance (MOF) has sent a document to the PM on luxury taxes on domestically-made cars with fewer than […]
Read MoreAlthough Singapore remains the undisputed business hub of Asean a recently released international trade connectivity survey also found rapid improvements in other Asean member states. Cambodia, Malaysia, Singapore, and Vietnam (along with Mozambique) were highlighted in notes accompanying the latest DHL Global Connectedness Index (GCI 2019) as the five countries globally where international flows were […]
Read MoreSales of electronic products in the Kingdom rose sharply last year, a reflection of the increasing purchasing power of Cambodia’s growing middle-class. According to the Singapore office of global research firm GfK, the value of sales of electronic products increased by 27.8 percent in 2018, reaching $413 million. Mobile phones accounted for $282 million of […]
Read MoreThe government plans to launch a financial deepening program comprising tax incentives for several investment instruments to attract more long-term investors and increase activity in the country’s capital market. The incentives will be available for collective investment instruments, such as infrastructure funds (DINFRA), asset-backed securities (KIK-EBA) and limited participation mutual funds (RDPT). The tax authority […]
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Thailand
