During the first nine months of the year, Cambodia earned $2.3 billion from customs and excise collection, surpassing the government’s target for the whole year by 5 percent, Prime Minister Hun Sen revealed yesterday. Speaking during a graduation ceremony at Koh Pich Conference Hall, the premier said the government’s goal for customs and excise revenue […]
Read MoreMACROECONOMIC stability in Malaysia continues to improve on the back of compliance with the fiscal targets of 2019, ANZ analysts said in a report. “Onshore experts have reaffirmed our view that macroeconomic stability in Malaysia is improving. The centrepiece of this emerging stability has been the ability of the coalition government to consolidate public finances, a […]
Read MoreMANILA, Philippines — Oil companies may face charges if their price adjustments are proven to be unreasonable, an energy official said Wednesday. Energy Assistant Secretary Leonido Pulido III said the decrease in the prices of gasoline and diesel to be implemented by oil firms are lacking compared to his agency’s estimates. He said the difference between […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has downgraded Thailand’s GDP growth outlook for 2019 a third time to 2.7-3% and cut the export projection to a 0-2% contraction amid the US-China trade war, Brexit woes and baht appreciation. The JSCCIB’s previous projection for GDP growth was 2.9-3.3%, with shipments ranging from […]
Read MoreThe Hanoitimes – The plant specializes in producing zippers and raw materials for the garment industry with a scale of 420 million products per year. Major zipper maker YKK Corporation started operating its second plant with an investment of US$59.9 million in Vietnam this week, aiming to meet growing demands for zippers in the world market, […]
Read MoreCambodia is making itself more attractive to foreign investors by having one of the lowest corporate tax rates in Southeast Asia. Trading Economics, an online economic statistics platform, lists the Kingdom as having the third lowest corporate tax rate in the region after Brunei and Singapore. Cambodia’s current corporate tax rate stands at 20 percent, […]
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