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Myanmar confident of economic take-off this year

After nearly two years in power, Myanmar State Counsellor Aung San Suu Kyi and her government face a crucial year ahead. Apart from significant political problems — resolving the troubles in violence-torn Rakhine state and reviving the stalled peace process — the government needs to show dramatically improved performance on the economic front. With elections […]

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Cambodia: Taxation agreement with Singapore in effect

The double tax avoidance agreement (DTA) between Cambodia and Singapore came into effect this month, helping clarify taxation rights on all forms of income arising from cross-border business activities, while minimising double taxation. On January 1 the Inland Revenue Authority of Singapore (IRAS) issued an announcement stating that the DTA with Cambodia “comes into effect […]

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Thailand: E-marketplaces brace for competition

Intense competition from global commerce players has forced local e-marketplace operators to adapt for survival. Two local e-marketplaces that have been operating for over a decade are shifting their strategies. Weloveshopping.com is moving its focus from online to offline, and synchronising online channels with True Corporation, while Tarad.com is in discussions with a new strategic […]

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Laos: Lancang-Mekong countries set to enhance cooperation

Leaders of the Lancang-Mekong Cooperation (LMC) countries will hold talks this week in Cambodia aiming to enhance cooperation among the six nations. Prime Minister Thongloun Sisoulith will lead a Lao delegation to the 2nd LMC Leaders’ Meeting in Phnom Penh, the Foreign Ministry said in a press release. The two-day visit to Cambodia from January […]

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Indonesia: Govt Hopes Industrial Zones to Attract Rp250 Trillion Investment

TEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said the government hopes that 13 industrial zones in the country are expected to attract Rp250.7 trillion worth of investment in 2018. “The government has provided improved investment facilities in the industrial zones, among others, through fiscal and non fiscal incentives and the formation of task forces to make available gas […]

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