MANILA, Philippines — The Department of Finance (DOF) is waiting for Malacanang’s executive order (EO) to determine the impact of President Duterte’s ban on the importation and use of vapes and electronic cigarettes in public places. In a press briefing, Finance Undersecretary Karl Kendrick Chua said the EO will set the scope of Duterte’s new […]
Read MoreGreater Mekong Subregion (GMS) countries have agreed to boost tourism cooperation, including improving infrastructure and marketing techniques and developing human resources. During the 44th GMS Tourism Working Group Meeting, held last week in Siem Reap, the six countries that form GMS signed an agreement to strengthen cooperation in tourism and attract more tourists to each […]
Read MoreThe General Department of Taxation (GDT) is sourcing for an advanced IT system in Singapore to modernise the Kingdom’s tax system and improve its collection process and efficiency. GDT director-general Kong Vibol led a delegation on a three-day learning visit from November 27 to 29 in Singapore and toured the country’s data management centre Starhub […]
Read MoreCambodia and Vietnam plan to launch “Da Market” in Tbong Khmum province along their border later this month. The Ministry of Commerce will cooperate with Vietnam’s Ministry of Industry and Commerce to jointly organise the Cambodia-Vietnam Trade Fair 2019, which runs from December 24 to 26. In July 2017, officials signed a memorandum of understanding […]
Read MoreMore than two decades ago, the baht suffered heavy devaluation as a result of speculation, forcing Thailand’s central bank to de-link the local currency from the US dollar and adopt a managed floating exchange rate. Fast-forward to the present and the baht’s value has become a challenge for the trade-reliant economy. This time the local […]
Read MoreMANILA, Philippines — Growth in the manufacturing sector in Emerging Asia economies likely remained sluggish in November in line with moderate expansions in advanced and export-driven economies in the region, according to London-based Capital Economics. In a research paper, the macroeconomy research firm said most emerging economies in Asia may report better Purchasing Managers’ Index […]
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