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Philippines: Tax reform to drive revenues to P4.42 T by 2022

MANILA, Philippines — The government is expected to generate P4.42 trillion in revenue by 2022, driven by incremental tax collections arising from the tax reform program, according to the latest medium-term fiscal program of the Development Budget Coordination Committee (DBCC). Based on a document obtained by reporters, government’s revenue for 2020 is programmed to increase […]

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Cambodia welcomes $5b in investments in H1

The government approved $5.2 billion worth of investment in the first half of 2019, a 48.5 percent hike compared to the corresponding period last year, with officials claiming the figure reflects investors’ growing confidence in the country. For in depth analysis of Cambodian Business, visit Capital Cambodia The latest data regarding investment in Cambodia was presented […]

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Thailand: Private hospitals miss price reporting deadline: Internal Trade Department

The Internal Trade Department will summon 48 private hospitals to explain why they failed to provide information about the actual costs of drugs, medical supplies and medical services by the submission deadline of July 31. Prayoth Benyasut, the department deputy director-general, said the department has received information from 305 private hospitals so far. The remaining […]

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Private sector considered key to lead Industry 4.0 in Vietnam

The Hanoitimes – Vietnam is in need to secure new technologies and achieve innovation for manufacturing, particularly in reinforcing R&D competence of companies and adopt new technologies, said a South Korean expert. The private sector should be considered a key actor to lead the Fourth Industry Revolution in Vietnam, according to Chang-whan Ma, vice president of […]

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