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RCEP generate trade opportunities for investors in Cambodia

The Regional Comprehensive Economic Partnership (RCEP) builds on the existing free trade agreements created by the ASEAN partnership, further developing economic integration and shaping future trade policies. The RCEP agreement – that came into force on January 1, 2022 – is designed to reduce trade barriers and improve market access for goods in constituent nations. […]

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Growth projected for Brunei’s economy

Various reports and studies have shared projections and statistics pertaining to Brunei Darussalam’s economy. Among them is the Brunei Economic Outlook 2022 published by Centre for Strategic and Policy Studies (CSPS). Brunei’s think tank. According to the report, Brunei Darussalam’s economy is forecast to expand by 3.7 per cent in 2022, after contracting by an […]

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Laos: Inflation hits highest point in two years

The year-on-year inflation rate jumped to 6.25 percent in January, the highest figure recorded since January 2020, inflicting another blow on Lao people’s wallets. The cost of goods and services has continued to climb since March last year and jumped to 5.04 percent in November before rising to 5.27 percent in December, according to the […]

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Vietnam: Millions of farmers learn how to sell their products via e-commerce

According to a plan of the Ministry of Information and Communications, all agricultural production households operating on e-commerce will be trained in digital and business skills on e-commerce platforms. The Ministry of Information and Communications has approved a plan to support agricultural production households on e-commerce floors to promote the development of the agricultural and […]

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Philippines: Senators not keen on reducing VAT

MANILA, Philippines — A Department of Finance (DOF) proposal to slash the 12 percent value-added tax (VAT) to as low as eight percent has been ignored in the Senate. Finance Secretary Carlos Dominguez III told an online forum with the Tuesday Club that no senator bothered to carry the proposal, even if it meant the […]

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