The Hanoitimes – Following the sale, the state ownership in BIDV would reduce from the current 95.28% to over 80% of the bank’s charter capital. State-run BIDV, the country’s second-largest lender by assets, on July 22 announced it would offer 603.3 million of shares, or 15% of stake worth VND20.29 trillion (US$868 million) in a […]
Read MoreThe Revenue Department is studying two options for the government’s personal income tax cut campaign promise — one an outright 10-percentage point cut across tax brackets and the other a 10% cut across brackets. For the cut by 10 percentage points, individual taxpayers who are liable to up to 10% rates now will be exempt, […]
Read MoreThailand’s exports will drop by up to 3.1 per cent this year, economists forecast on Monday, after June figures fell on the same period last year amid a strengthening baht. After the Commerce Ministry reported a 2.1 per cent fall in June, the SCB Economic Intelligence Centre projected the country’s exports will drop this year […]
Read MoreLicenses for importing some of the over 4,000 products into the country will be done away with as part of the move to facilitate trade and ensure Myanmar adheres to international trade regulations. Ministry of Commerce assistant secretary U Khin Maung Lwin said import licenses will be done away with in a move to facilitate […]
Read MoreKUALA LUMPUR: The Malaysian retail industry achieved a better-than-expected growth rate of 3.8% in retail sales for the first quarter of 2019 (1Q19) as compared with the same period in 2018, said the Domestic Trade & Consumer Affairs Ministry. Deputy Minister Chong Chieng Jen (pix) said as of 1Q19, the services sector contributed 57% to gross domestic product […]
Read MoreVIENTIANE (Vientiane Times/ANN) -The authorities will no longer approve the construction of fuel depots and petrol stations close to communities, key government offices, temples, rivers or television and radio stations, according to a new ministerial decision. Minister of Public Works and Transport, Dr Bounchanh Sinthavong, on June 18 put into practice the newly amended ministerial […]
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Thailand
