Vietnam: Businesses hail 3% corporate tax cut Tuesday, 16 August 2016 – Entrepreneurs are hailing a national plan to reduce corporate income tax for small- and medium-sized enterprises from 20 per cent to 17 per cent starting next year. In a recent proposal submitted to the Government, the Ministry of Finance said businesses making less […]
Read MorePhilippines: Tax reform could lower income, estate taxes Monday, 15 August 2016 – THE government will soon send a proposal to Congress to lower estate duty to 6 percent as part of a tax reform plan, along with other measures such as the reduction of individual and corporate income tax. The Department of Finance is […]
Read MorePhilippines: Agriculture output down 2.34% in Q2 Monday, 15 August 2016 – As a result of El Niño effect PHILIPPINE agriculture output con-tracted by 2.34 percent in the second quarter of the year as gains in livestock and poultry could not offset massive losses in the crops and fisheries sectors. The agriculture sector mainly suffered […]
Read MoreCambodia: Oil firm ready to push ahead with offshore drilling Monday, 15 August 2016 – Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal […]
Read MoreBrunei: Proposed federation to serve as ?one voice? for Brunei businesses MONDAY, AUGUST 15, 2016 – THE proposed Federation of Brunei Darussalam Businesses is expected to unite and serve as ?one voice? for Bruneian businesses. According to Dr Hj Kamaruddin Dato Seri Paduka Hj Talib, president of the Brunei Malay Chamber of Commerce and Industry, […]
Read MoreVietnam: Vietnam cuts 2016 rice export forecast to 4.75 mln tons: newspaper Monday, 15 August 2016 – Vietnam’s rice exports could fall 27 percent in 2016 from last year to 4.75 million tonnes, the lowest since 2008, due to less overseas demand and rising supplies from Thailand, a local newspaper said on Monday. It cited […]
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