PETALING JAYA: Tax revenue could increase by more than RM2.4bil a year should foreign digital service providers register for the 6% service tax that is set to be implemented from Jan 1 next year. “We are expecting the big boys to start registering with us. The registration (with the customs department) started yesterday and we […]
Read MoreMANILA, Philippines — The government should impose up to 70 percent tariff on rice imports amid the deluge of cheap imports that continue to dampen prices of unhusked rice, according to the Philippine Chamber of Agriculture and Food Inc. The PCAFI said a tariff rate of at least 70 percent should be reasonable enough to […]
Read MoreMyanmar is expected to draw foreign direct investments (FDI) totaling US$5.8 billion in the 2019-20 fiscal year beginning October 1, said U Thant Sin Lwin, Director General of the Directorate of Investment and Company Administration (DICA) and Secretary of Myanmar Investment Commission (MIC). That is unchanged from the forecast for the previous fiscal year, which […]
Read MoreThe Hanoitimes – Devaluing the dong must take into account trade turnover, foreign debt, current account, so as to ensure the highest national interest and stability of the market, according to the State Bank of Vietnam. Vietnam would not consider using the USD/VND exchange rate as a tool to boost exports, but taking into account a […]
Read MoreCentral Retail Corporation Plc, the retail arm of Central Group, the country’s biggest mall operator, is offering a combined 2.23 billion shares, 1.62 billion of which will be new ordinary shares, as part of an initial public offering (IPO). According to the company’s filings submitted to the Securities and Exchange Commission (SEC) on Tuesday, 1.62 […]
Read MoreDuring 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 More
Thailand
