MANILA, Philippines — The Board of Investments (BOI) yesterday pushed anew for a longer transition period and the payment of higher tax on gross income earned (GIE) of eight percent under the proposed second package of the government’s tax reform, as it maintained incentives given to investors provide benefits in terms of jobs, greater domestic […]
Read MoreThe Department of Land Transport announced a plan to roll out a QR-code-based complaint filing system for taxis to improve passenger service standards, one day after it approved the proposal to raise taxi fares. “When the digital licencing system is completely rolled out, taxi and motorcycle taxi drivers will be required to carry a QR […]
Read MoreThe Hanoitimes – The country could be dragged into a trade conflict if a single case of goods forging Vietnamese origin is found. Vietnam faces growing pressure in tackling origin certificate fraud, as a single case concerning Vietnam would drag the country into trade conflicts, according to Tran Tuan Anh, minister of Industry and Trade. The […]
Read MoreMyanmar had outstanding foreign debt of US$10.2 billion and local debt of K20.725 trillion at the end of 2018, an increase from the year before, according to a report by the Union Office of the Auditor General. The report was submitted to the Pyidaungsu Hluttaw (Assembly of the Union) on Wednesday. Auditor General U Maw Than […]
Read MoreThailand this week proposed connecting one of its ports to Sihanoukville’s deep-water port in a bid to boost trade between the countries. For in depth analysis of Cambodian Business, visit Capital Cambodia On Tuesday, a delegation from Thailand’s eastern economic corridor met with Cambodian authorities to discuss linking the infrastructures of Laem Chabang Port, in Thailand’s […]
Read MoreThe Thai Chamber of Commerce (TCC) has urged the Bank of Thailand to further ease monetary policy as a means to rein in the baht, while the Federation of Thai Industries (FTI) requested the central bank launch mid and long-term measures to stabilise the currency’s movement. Apart from cutting the benchmark rate, managing offshore fund […]
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