MANILA, Philippines — Farmers will now slowly benefit from the liberalization of the rice industry as the government released P2.46 billion as part of the tariffication fund, according to the Department of Agriculture. The DA said the Rice Competitiveness Enhancement Fund (RCEF) is in the process of releasing P2.462 billion for two of its component […]
Read MoreThe Hanoitimes – Infrastructure is a big challenge for Vietnam, especially at its ports. Despite having interests in Vietnam thanks to the country’s low-cost labor and fast-growing market, many foreign firms have been hesitant to do business in the country due to major concerns about the country’s limited infrastructure. According to Amanda Rasmussen, chief operating […]
Read MoreThe functional drink market expects a big boost after the cabinet last Tuesday approved lowering the excise tax on functional products, effective from Oct 1. Anak Lapsuksatit, chief financial officer of Sappe, the marketer of Sappe Beauti functional drinks, said the lower excise tax rate on functional drink products — from 14% to 10% — […]
Read MoreMANILA, Philippines — Foreign investors -are becoming increasingly less reliant on incentives as a deciding factor in putting up their businesses in the Philippines, according to a senior official of the Department of Finance. In a statement, Finance Undersecretary and chief economist Gil Beltran debunked Philippine Economic Zone Authority (PEZA) director general Charito Plaza’s claim […]
Read MoreMyanmar is now listed among the top 20 improvers of the World Bank’s Doing Business 2020 report. The report states that Myanmar is listed among top improvers in ASEAN because of reforms to the country’s business landscape. According to the report several initiatives in particular stand out. The foremost among them is Yangon’s strengthening of […]
Read MoreBANK lending in Singapore inched 0.6 per cent higher in August from a month ago, as continued contraction in consumer loans was offset by a rise in business loans, preliminary data from the Monetary Authority of Singapore showed on Monday. Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar […]
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Thailand
