The Finance Ministry is likely to announce some tax restructuring early next year to create fairer taxation, says permanent secretary Prasong Poontaneat. The restructuring could be in place after the new year to stem loopholes because the current law is not comprehensive, hurting some and helping others in terms of tax liability, he said. A […]
Read MoreThe Dubai Chamber of Commerce and Industry has announced that Cambodia is one of the top markets in Asean for Dubai exporters. Together with Singapore, Indonesia, Thailand, and Malaysia, the Kingdom has been identified as one of the markets with the greatest potential in the Asean region, according to a statement issued by the chamber […]
Read MoreMANILA, Philippines — The Philippines is collaborating with Indonesia to help boost productivity of Filipino coffee farmers in efforts to address declining supply of the commodity. The Department of Agriculture has partnered with Philippine Coffee Board Inc. (PCBI),Indonesian food and beverage manufacturer PT Mayora Indah Tbk, and the Embassy of Indonesia in the Philippines to […]
Read MoreThailand looks poised to improve free trade agreements (FTAs) under the Asean framework next year, aiming to extend tariff cuts to cover more products, particularly sensitive items. The Trade Negotiations Department also wants to upgrade agreements so they are in line with changing economic conditions. Auramon Supthaweethum, director-general of the department, said the focus of […]
Read MoreKasikornbank (KBank) has applied for a licence to open a branch each in Vietnam, Indonesia and Myanmar as part of its continued overseas business expansion, president Kattiya Indaravijaya said on Friday (December 13). She expects the bank to be awarded at least one of these licences next year. There is a high chance that the […]
Read MoreThe Hanoitimes – Among the incentives, the government is urged to lower the special consumption tax for locally made parts to help them reduce prices to compete with foreign manufacturers. Difficulties caused by the new import tax exemption policy and the small size of the domestic market have forced Vietnamese automobile manufacturers to ask for more […]
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