MANILA, Philippines — The sugar industry was caught off guard with President Marcos’ directive to import sugar anew, according to industry experts. They said if there is really a need to control prices, importation should be through an order of the Sugar Regulatory Administration (SRA) Board rather than the Minimum Access Volume (MAV), which has […]
Read MoreVietnam has made a go of bringing inflation under control in 2022 thanks to the government’s great efforts to rein in market prices, with praise from various international organisations. The General Statistics Office (GSO) last week reported that Vietnam’s consumer price index for the whole of 2022 increased 3.15 per cent on-year, lower than the […]
Read MoreMANILA, Philippines — The Philippines and China have signed an agreement that would fast-track cargo processes between the two countries in a bid to improve trade facilitation. During President Marcos’ state visit to China last week, the Bureau of Customs (BOC) and the General Administration of Customs of China inked a mutual recognition arrangement (MRA) […]
Read MoreThe Ministry of Economy and Finance (MEF) has started implementing the revenue-based taxation rules and procedures on commercial gambling businesses on the self-declaration regime since December 30, 2022, after the lump sum-based taxation method had been practised for several decades, said a senior official of the ministry. Commercial gambling businesses are also required to follow […]
Read MoreTourism operators are prepared for a wave of Chinese tourists in terms of hotel room capacity, public health hygiene and flight capacity, though demand remains unclear. The government confirmed on Thursday Chinese tourists will be exempted from RT-PCR Covid tests upon arrival, but will be required to buy Covid insurance to guarantee they have medical expense […]
Read MoreThe American multinational retail corporation Walmart has sought to work with the Ministry of Commerce (MoC) in studying the potential in Cambodia to expand its business operations in the market and to release more orders of international-standard goods from local suppliers in the Kingdom, according to a release by MOC. Anbinh Phan, a representative of […]
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Thailand
