Singapore: At a time when protectionist sentiment is on the rise globally, Singapore must remain open to the world in order to attract investments and create good jobs for Singaporeans, Trade and Industry Minister Chan Chun Sing said. One factor that has played a part in the expansion of multinational companies here is the network […]
Read MoreThe Hanoitimes – As of August 15, budget revenue collection reached VND812.2 trillion (US$35.04 billion), equivalent to 53.7% of the year’s estimate. Vietnam recorded a state budget deficit of VND106 trillion (US$4.57 billion) in the year to August 15, further widening from a deficit of VND101.1 trillion (US$4.37 billion) recorded a month earlier, according to the […]
Read MoreMANILA, Philippines — A reduction in the corporate income tax, complemented by reforms in the tax incentives system, will drive economic growth, create more jobs, and lower poverty incidence in the country, according to a study commissioned by the Department of Labor and Employment (DOLE). Based on the study, the proposed reforms under the Corporate […]
Read MoreWith no end in sight to the economic downturn caused by the Covid-19 pandemic, the government aims to put much of its aid effort towards fiscal stimulus to prop up the economy, though there are unfavourable consequences to this move. The newly formed Center for Economic Situation Administration wants to create 1 million jobs for […]
Read MoreThe Hanoitimes – The disruption of supply chains as a result of the Covid-19 pandemic is a major concern, as all ASEAN members are export-oriented, said Vietnam’s Trade Minister Tran Tuan Anh. ASEAN members have agreed to measures to boost economic growth and maintain existing supply chains amid the Covid-19 pandemic, according to Vietnamese Minister of […]
Read MoreMALAYSIA will likely see its interest rate cut again by another quarter of a percentage point next month, according to some economists. With inflationary pressure expected to remain subdued, while the economy is relatively weak, they note, there is a good chance that Bank Negara will lower the benchmark overnight policy rate (OPR) by 25 […]
Read More
Thailand
