Casinos are considered a ‘sensitive business’ in Vietnam. Though regulations have been loosened, they are still very strict. The Ministry of Finance (MOF) has released a report on the amendment of some provisions of Decree 03 on casino business management. Before the decree took effect, eight casinos had been licensed, including seven operating ones. After […]
Read MoreIn recent years, the Myanmar bean and pulses industry often suffers from the impact of import policy changes by India, the biggest buyer of Myanmar’s beans and pulses, and whose production is on the rise. Years when crop productivity is strong, India lowers import to protect local farmers, which is a reasonable move for India. […]
Read MoreIn June Prime Minister Nguyen Xuan Phuc issued a decree cutting registration fees for domestically manufactured cars and other vehicles by half for the rest of the year. Accordingly, the registration fee for passenger cars, trailers or semi-trailers pulled by cars and similar vehicles manufactured and assembled domestically is reduced by 50 per cent of […]
Read MoreBANDAR SERI BEGAWAN, Sept. 12 (Xinhua) — Brunei recorded a 57.8-million-Brunei dollar (42.2-million-U.S. dollar) trade deficit in June 2020 due to a major decrease in exports, marking the first-ever trade deficit since January 2014 when historical data became available. The latest International Merchandise Trade Statistics released on Saturday by the Department of Economic Planning and […]
Read MoreMANILA, Philippines — The Philippines is in danger of being included anew in the gray list of Paris-based dirty money watchdog Financial Action Task Force (FATF) if the country fails to pass the necessary amendments to the anti-money laundering law, according to the Anti-Money Laundering Council (AMLC). AMLC Secretariat executive director Mel Georgie Racela said […]
Read MoreThe Asean-5 economies are in a technical recession based on their second quarter gross domestic product (GDP) figures and this is induced by the Covid-19 pandemic. Malaysia, Indonesia, the Philippines, Singapore and Thailand implemented lockdowns and this had disrupted economic activities in almost all areas be it domestic or export-oriented. Sectors worst hit include travel, […]
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Thailand
