The General Department of Taxation collected KHR 2,074.66 billion (around $512 million) in taxes for the first two months of 2022, increasing 22.69 percent compared to the same period in the previous year. In February 2022, revenue from five main types of taxes continued to increase significantly compared to February 2021. The income tax registered […]
Read MoreMANILA, Philippines — The value of the Philippines’ domestic trade continued to decline in the fourth quarter of 2021 to P105.9 billion, driven by double digit declines in the majority of traded commodity groups, preliminary data from the Philippine Statistics Authority (PSA) showed. The fourth quarter figure is 36.4 percent lower than the P166.5 billion […]
Read MoreKUALA LUMPUR: Disaster management bodies in the Philippines and Indonesia will be among those to be used as a ‘benchmark’ for the restructuring of the country’s National Disaster Management Agency (NADMA), said Deputy Minister in the Prime Minister’s Department (Special Functions) Datuk Mastura Mohd Yazid (pix). She said the reason being that measures to strengthen […]
Read MoreThe baht opened at 33.52 to the US dollar on Wednesday, unchanged from Tuesday’s closing rate. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.45 and 33.65 during the day. Poon said investors were awaiting the results of a key US Federal Reserve meeting, so the baht might swing sideways […]
Read MoreHANOI: Vietnam plans to diversify the sources of materials needed to supply the country’s manufacturing sector due to tighter Covid-19 curbs in China, Industry and Trade Minister Nguyen Hong Dien said during a parliament meeting on Wednesday. The Southeast Asian country’s industrial production is heavily reliant on Chinese materials and equipment and its giant neighbour […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country (LDC) status by 2028, according to the commerce minister on March 14. Minister of Commerce Pan Sorasak made the comment at a workshop titled “RCEP: Implications, Challenges and Future Growth of East Asia […]
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