The Palang Pracharath Party’s (PPRP) proposed lowering of personal income tax has raised concerns over a reduction in state revenues. The proposal was one of the election campaign pledges made by the PPRP, the core coalition party, and the issue is picking up attention ahead of the government’s announcement of its policy manifesto later this […]
Read MoreCambodia and Vietnam are optimistic that they will reach $5 billion in bilateral trade by 2020 as pledged by their governments. For in depth analysis of Cambodian Business, visit Capital Cambodia That optimism was evident during a meeting last week between Prak Sokhonn, Cambodia’s Minister of Foreign Affairs, and Nguyen Quoc Dung, Vietnam’s Vice Minister of […]
Read MoreSINGAPORE is the top destination for working professionals in the region, according to a survey of some 3,500 jobseekers in 11 markets in Asia. RGF International Recruitment’s Talent in Asiareport, released on July 22, found that Singapore workers were generally not keen to work abroad. Their top choice was mainland China, with 21 per cent of […]
Read MoreKUALA LUMPUR: The ringgit opened slightly lower against the US dollar today as traders stayed cautious ahead of a widely expected US interest rates cut later this month. At 9.05am, the ringgit stood at 4.1120/1170 from Monday’s close of 4.1110/1150. A dealer said the ringgit is moving within a tight range ahead of the Federal […]
Read MoreThe recent rate cut by Bank Indonesia (BI), which has hinted at more cuts in the future, combined with improvements to government investment policies, is expected to boost investment growth, Finance Minister Sri Mulyani Indrawati has said. “We hope investment will pick up in the second half of the year,” she in Jakarta on Monday, […]
Read MoreMANILA, Philippines — Motor vehicle production in the Philippines continued to fall behind the rest of Southeast Asia as it posted the biggest decline in output at 29.5 percent in the five months to May this year. Data from the ASEAN Automotive Federation showed the Philippines churned out 25,892 motor vehicles as of end-May, lower […]
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Thailand
