The agreement that Cambodia signed on double-taxation avoidance (DTA) with Malaysia on Sept 3, 2019, during the visit of Malaysian Prime Minister Tun Dr Mahathir Mohamad to Phnom Penh has been finally ratified by Malaysia. Under the DTA, double taxation will be avoided in that any tax paid in Cambodia by Malaysian companies in accordance […]
Read MoreDa Nang has called for total investment of VND47.5 trillion (US$2 billion) from the State Budget and foreign sources for the development of 38 projects between 2021-25, focusing on transport and traffic. Director of the city’s planning and investment department, Tran Phuoc Son, said 77 per cent of the proposed investment would come from international […]
Read MoreTravel insurance premiums are poised to drop by 90% this year because of travel restrictions, says Cigna Thailand. Demand for new travel insurance ceased around March, while existing policyholders cancelled their insurance protection after the government barred cross-border transit to contain the coronavirus outbreak, said chief executive Teeravuth Suthanaseriporn. Cigna Thailand generated travel insurance premiums […]
Read MoreMANILA, Philippines — The total number of businesses registered with the Department of Trade and Industry (DTI) went up by 12 percent in eight months this year as a growing number of firms resorted to online submissions. In a statement yesterday, the DTI said data from its Business Name Registration Division showed the total number […]
Read MoreTHAILAND approved plans to create a quarter of a million jobs and will look to restructure its economy to be less reliant on global demand, its prime minister said on Tuesday, the latest measures to mitigate the fallout of the coronavirus pandemic. South-east Asia’s second-largest economy suffered its biggest contraction since the Asian crisis in […]
Read MoreVietnam needed to improve its infrastructure in order to attract more FDI, a webinar heard on Monday. Themed “Capitalising on Vietnam’s Investment Opportunities Post COVID-19”, the webinar drew senior leaders from businesses and organisations across Asia, Europe and the US. Minister of Planning and Investment Nguyen Chi Dung said that trade conflicts among major economies had forced international corporations and enterprises […]
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