Cambodia exported electrical equipment, machinery and mechanical appliances worth in total US$264.89 million to foreign markets in the first four months of this year, according to a report from the Ministry of Commerce. The figure represented an increase of over 33 percent compared to the same period last year. The major markets for the electrical […]
Read MoreMyanmar tour companies are preparing to organise tours again, which had been suspended since February as part of the government’s efforts to prevent the spread of COVID-19, an official of a local travel association said. Daw Aye Thida Moe, vice chair of the Union of Myanmar Travel Association, said tour companies are awaiting government guidelines […]
Read MoreVietnam attracted US$12.33 billion worth of foreign direct investment in the first four months of 2020, a year-on-year decrease of 15.5 per cent due to the impact of the COVID-19 pandemic, according to the Foreign Investment Agency. But the figure was much higher than that in the same period in 2018 and 2017, when FDI […]
Read MoreMANILA, Philippines — New taxes are being considered by the Duterte administration starting 2021 to partially offset the costs of this year’s stimulus measures meant to counter the pandemic’s economic impact. Costing was already started for a proposed digital economy value added tax (VAT), higher sugar-sweetened beverage taxes as well as new levies on junk food, particularly those […]
Read MoreLao Prime Minister Thongloun Sisoulith has asked the Ministry of Energy and Mines to clarify the pricing structure for electricity tariffs amid widespread public complaints. Speaking at the monthly government meeting last week, the prime minister said that the reasoning for an increase in electricity tariffs must be clearly explained and justified in order to […]
Read MoreResidential property sales and prices rise have shown a downward trend amid the COVID-19 pandemic, which has battered people’s purchasing power and developers’ marketing efforts, despite lower mortgage interest rates. Totok Lusida, the chairman of the Real Estate Indonesia (REI), an association of 6,400 developers, said on May 18 that aside from hindered construction, social […]
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Thailand
