The Government has proposed cutting value added tax (VAT) from the current 10% down to 8% for services and goods that are subject to a 10% VAT, according to a scheme on fiscal and monetary policies to support the socioeconomic recovery recently sent by the Government to the National Assembly. The draft resolution on the program […]
Read MoreThe baht opened at 33.25 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 33.31. The Thai currency is likely to move between 33.15 and 33.35 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is likely to swing sideways while the Omicron […]
Read MoreIn order to address current issues in investment and manufacturing activities in Vietnam, the National Assembly is now considering the project ‘One Law to Amend 8 Laws’ in its extraordinary session from January 4-11, 2022. Former Chairman of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung talked with Saigon Giai Phong regarding this […]
Read MoreDEBT watcher Fitch Ratings said the Philippines’ tourism rebound will be subject to setbacks as the global epidemiological scenario evolves. “Many APAC (Asia Pacific) economies had been implementing reopening strategies prior to the Omicron variant, driven by falling virus cases and accelerating vaccine rollouts,” it underscored in a report released on Tuesday. Thailand was first to ease […]
Read MoreWith a vibrant economic climate, Vietnam remains a strong candidate for investment from the Association of Southeast Asian Nations (ASEAN) and beyond, according to the Vietnam Briefing newswire. FTAs and RCEP The newswire said Vietnam’s free trade agreements (FTAs) are another pull factor that investors can bank on. Vietnam has used its participation in FTAs […]
Read MoreCambodia exported 617,069 tonnes of milled rice from January to December 2021, netting more than $527 million. The update was shared recently by the Ministry of Agriculture, Forestry, and Fisheries (MAFF), indicating that the total milled rice export decreased by 10.68 percent compared to 2020. Of the exported milled rice, 457,415 tonnes or 74.13 percent […]
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