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Vietnam 2019 inflation projected to stay below 4% target

The Hanoitimes – Both scenarios for inflation in 2019 presented by the government indicate inflation will be in the range of 3.17 – 3.41%. Vietnam’s inflation is projected to be 3.41% in 2019, much lower than the government target of 4%, according to Deputy Prime Minister Vuong Dinh Hue. The public services fees, therefore, should be […]

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Cambodia: Gov’t launches revenue strategy

The government launched the Revenue Mobilisation Strategy 2019-2023 on Thursday. The 77-page book details key strategies such as modernisation of the General Department of Taxation’s (GDT) fiscal revenue system in response to the increasing demand for service quality, social equity guarantee and sustainability of revenue for the Kingdom’s development. The strategy mandates the government to […]

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Huawei: Thai market share rises to 20%

Huawei Technologies says its smartphone market share in Thailand remains unscathed by US sanctions on the company, despite conflicting reports that the Chinese telecom giant’s sales suffered dramatically. The company said its market share in Thailand grew in the first five months of 2019 to 20% from 15% in 2018. Huawei is set to increase […]

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Philippines: BSP chief sees below 2% inflation in Q3

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said inflation may ease below two percent in the third quarter, giving monetary authorities more room to cut interest rates further. BSP Governor Benjamin Diokno said in an interview inflation in the third quarter may drop further compared to the second quarter figure. “If we just […]

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Vietnam named among world’s top ten destinations for expats

The Hanoitimes – Many receive salary increases which, given the relatively low cost of living, provide them with far more spending power to enjoy everything the country has to offer. Vietnam ranked 10th in HSBC’s list of top ten destinations for expatriates, climbing eight ranks from the 18th last year, according to HSBC’s latest Expat Explorer […]

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