MANILA, Philippines — The Duterte administration plans to clear its debt with the Bangko Sentral ng Pilipinas (BSP) before the end of its term, the country’s finance chief said. Finance Secretary Carlos Dominguez III yesterday said they have taken the initial step in the consolidation plan it will pass on to the next administration by […]
Read MoreA leader of Japan’s power producer EREX said the corporation is seeking to invest in biomass power in Vietnam, which holds great potential for biomass power development. Attending a recent meeting with the Vietnamese Minister of Industry and Trade Nguyen Hong Dien, Honda Hitoshi, chairman and general director of EREX, said Vietnam is the first […]
Read MoreThe government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers. What are the incentives for EVs? The incentives recently approved by the cabinet aim to promote domestic manufacture of EVs […]
Read MoreA development strategy designed to transform the Cambodian garment trade into a dynamic, diversified, high-value and competitive sector – with a focus on the upskilling of factory workers – will be launched soon, a senior finance ministry official said on February 18. Ministry of Economy and Finance secretary of state Phan Phalla made the remark […]
Read MoreThe cabinet has approved waiving personal income tax for three foreign groups of taxpayers: high-income earners, retirees and those who want to work remotely from Thailand, said Finance Minister Arkhom Termpittayapaisith. Mr Arkhom said on Tuesday that the beneficiaries would be considered investors in Thailand as required by the government offering them long-term residence (LTR) […]
Read MoreJapanese businesses view the Vietnamese market an attractive investment destination in the medium and long run, according to Toru Aguin, chief representative of Japan Bank for International Cooperation (JBIC) in Vietnam. JBIC has recently conducted a survey on the investment environment in 2021 involving the participation of 515 Japanese enterprises currently investing in the country. […]
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