The support policies would include the exemption and reduction of taxes and fees and land use fees following the Prime Minister’s directives and be reported to the Government by mid-March. HÀ NỘI — The Government has called on the Ministry of Finance for policies to support enterprises, including exemption and reduction of taxes and fees, in 2023. The […]
Read MoreCambodia views 2023 as a pivotal year for attracting more foreign tourists. After the devastating impacts of the Covid-19 outbreak, the year should considerably assist Cambodia in overcoming the crisis that has enveloped the tourism sector, which is regarded one of the four pillars on which Cambodia’s economy is built. The country’s tourism industry earned […]
Read MoreThe Finance Ministry is closely monitoring the collapse of Silicon Valley Bank (SVB) to see if it has any impact on Thailand, says Finance Minister Arkhom Termpittayapaisith. He added that he was also waiting for information from the Bank of Thailand on the matter. Due to concern that the collapse could spread contagion worldwide, Mr […]
Read MorePETALING JAYA: Economists expect the moderating growth in the Industrial Production Index (IPI) to persist in the quarters ahead. Malaysia University of Science and Technology economics professor Geoffrey Williams said slowdown could be seen in export-oriented products while growth for domestic oriented production had slowed but it is not contractionary. “The slowdown in export-oriented products […]
Read MoreMANILA, Philippines — Moody’s Analytics said elevated inflation is now eroding savings rates in Asia-Pacific, which surged through the pandemic, pushing rainy-day funds higher. In a commentary titled “Hey, Big Saver,” Moody’s Analytics said higher prices are denting the mass of household savings built through the pandemic. “With inflation still uncomfortably high across the region, […]
Read MoreBy 2030, Sihanoukville Autonomous Port (PAS) will be able to ship goods directly without any transit to the US and European Union (EU) markets, said Sun Chanthol, Minister of Public Works and Transports (MPWT) yesterday. The PAS, which is fast developing in three phases with financing support from Japan, will gear itself to receive larger […]
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