Data released by the General Statistics Office of Vietnam on September 29 showed that the gross domestic product (GDP) in the third quarter of 2021 decreased by 6.17% year on year, the biggest drop since Vietnam began publishing its quarterly GDP. Specifically, the agriculture, forestry and fishery sectors increased by 1.04%; the industry and construction […]
Read MoreSINGAPORE – A food distributing company has launched a culinary hub consisting of kitchen spaces, warehousing and more to help players in the food and beverage (F&B) industry share resources and reduce overhead costs. The six-storey Xpace building (pronounced as Space) in Pandan Loop serves as the headquarters for the X-Inc group. It spans 22,000 sq […]
Read MoreVietnam is expected to transpose the country’s commitments in free trade agreements into law in compliance with international practices. The National Assembly (NA) and the Government are working on a single Covid-19 response policy that is set to be adopted at both central and local levels with certain flexibility and modification given to localities. NA […]
Read MoreMANILA, Philippines — The government should begin tightening its belt on COVID-19 spending only when economic and employment gains are sustained, according to several economists. In interviews with The STAR, the economists urged policymakers to increase, if not sustain, funding for COVID measures, particularly the distribution of cash subsidies and improvement of health facilities, to […]
Read MoreCambodia may not benefit from joining the 130 countries that have signed up for the domestic tax base erosion and profit-shifting (BEPS) policy, according to the ASEAN+3 Macroeconomic Research Office (AMRO). Companies use BEPS to exploit mismatches in tax rules to shift profits to locations with zero or low tax rates. The Organisation for Economic […]
Read More“Many won’t die from the disease but being unable to make a living,” Vu Van Tien, President of Geleximco Group gave his view at a meeting with the government last week to stress the need of reopening the economy, noting that it’s time for enterprises to “save themselves”. In a letter sent to the government […]
Read More
Thailand
