Professor, Doctor Pham The Anh talks on the proposal to reduce 30 per cent of income tax for all Vietnamese amid the pandemic. Do you support the proposal to cut down 30 per cent of income tax for all Vietnamese enterprises by the Board for Private Economic Development Research? Frankly speaking, I don’t support the proposal. I remember […]
Read MoreAn Australia-based research body sees a stable Philippine peso for the rest of the year, but warned that the currency may weaken once domestic demand picks up next year. In a report on Wednesday, ANZ Research projected the local unit to end 2020 at P48.40:$1, stronger than its P50.63:$1 finish in 2019. The peso is […]
Read MoreMany Japanese groups are investing in Vietnamese enterprises instead of setting up their production and business facilities in Vietnam. ENEOS Corporation has spent VND650 billion to acquire 13 million shares of Petrolimex (PLX), the largest petroleum distributor in Vietnam with 60 percent of market share, at the price of VND50,000 per share. The transaction was […]
Read MoreBank Indonesia (BI) will maintain its accommodative monetary policy to help the economy recover from a projected annual economic contraction this year, the country’s first such contraction since the 1998 Asian financial crisis, a central banker said on Wednesday. BI deputy governor Dody Budi Waluyo said the country’s economic recovery had been limited to certain […]
Read MoreThe Management Association of the Philippines (MAP) on Tuesday expressed hope the European Union (EU) will not remove the country’s zero-tariff export status. “We fervently hope that the removal of the GSP (generalized system of preferences plus) by the EU countries will not push through. It will make our products less competitive and will seriously […]
Read MoreThe Tourism Council of Thailand (TCT) supports the idea of allocating travel incentives for expatriates, while the Thai Chamber of Commerce wants to stimulate the local market with new medical and wellness tourism. Chairat Trirattanajarasporn, president of the TCT, disagreed with the Immigration Bureau’s decision to end visa amnesty for tourists stranded in Thailand by […]
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