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Consumer finance booms in Vietnam with new players

The Hanoitimes – By the end of 2017, total outstanding consumer loans reached over US$5 billion. The consumer finance market, however, remains huge potential for development. Vietnam’s consumer finance market is witnessing new players, promising a fierce competition for customers, VnExpress reported.  On October 1, EVN Finance Company announced its foray into the market with the […]

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Thailand: Offer VAT refunds in malls, says retail body

THE THAI Retailers Association (TRA) is to appeal to the Revenue Department to reconsider five locations it has proposed for value-added tax (VAT) refunds to foreign tourists other than at airports, TRA president Worawut Oonjai said yesterday. The five strategic locations are: Siam Paragon, CentralWorld, Central Chidlom, The Emporium and Robinson Sukhumvit malls. Worawut’s call […]

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Philippines: Business group prods gov’t to address high power cost

MANILA, Philippines — The government should focus in making power rates in the country competitive and address inefficient transport and telco services to attract more foreign direct investments (FDI) and achieve inclusive economic growth, the Philippine Chamber of Commerce and Industry (PCCI) said. In a press conference yesterday, PCCI president Alegria Sibal-Limjoco said the country has […]

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Singapore looks to tighten controls in marine fuels supply chain

[SINGAPORE] Singapore authorities are looking to apply stricter control measures across the marine fuels sector supply chain, a spokesman for the government agency Enterprise Singapore said on Thursday, to boost transparency and accountability in a notoriously opaque industry. The Technical Committee for Bunkering has submitted a proposal to the national standards body, Enterprise Singapore, for a new standard on quantity, measurement and […]

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