By 2021, 62 outward investment projects of 14 enterprises had recovered the investment capital with an accumulated amount of $3.64 billion, including $1.74 billion worth of profits transferred home. The government’s report to National Assembly showed that total outward investment capital had reached $6.61 billion as of December 31, 2021, equal to 55 percent of […]
Read MoreMANILA, Philippines — The Philippine economy may grow by just 4.1 percent next year, below the government’s target of 6.5 to eight percent, due to elevated inflation and the risk of a global recession, according to Economist Impact, the research arm of The Economist Group. Economist Impact regional policy and insights head Andrew Staples warned […]
Read MoreCambodian commodity exports to the US and bilateral trade between the two countries both surged nearly 30 per cent year-on-year in the first nine months of 2022, increases that are expected to continue as shipping costs ease, buoyed by an ongoing investment upswing in the Kingdom fuelling a manufacturing revolution. In the January-September period, Cambodia-US […]
Read MoreThe cabinet on Tuesday agreed to a waiver of personal income tax for foreign actors and actresses for five years, aiming to generate more than 3.5 billion baht in revenue from investments in foreign film productions. Deputy government spokeswoman Tipanan Sirichana said the cabinet approved the Finance Ministry’s new Revenue Code to attract predicted investment of at […]
Read MoreKUALA LUMPUR: Malaysia, as a leading nation in the Muslim world, still has much to offer in best practices, trade and innovation, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed (pix). The country is a role model for the halal economy and has positioned itself as a prime mover of the global […]
Read MoreINDONESIA will offer generous incentives, including a 30-year tax break, for companies investing in a US$32 billion project to build a new capital city in the country called Nusantara, an official said late on Tuesday. Bambang Susantono, head of the Nusantara National Capital Authority, made the comments at a gathering with hundreds of local and […]
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Thailand
