MANILA, Philippines — The country’s budget deficit shrunk in the first six months due to lower government spending, according to the Bureau of the Treasury (BTr). According to the latest cash operations report of the BTr, the national government incurred a fiscal deficit of P42.6 billion from January to June, 77.9 percent lower than the […]
Read MoreThailand should adopt an expansionary policy mix, including fiscal reforms and monetary easing to help support growth, which has slowed amid rising global trade tensions, the International Monetary Fund said on Monday. The Thai economy grew by 4.1% in 2018, but growth in 2019–20 is expected to slow as uncertainty over trade tensions weigh on […]
Read MoreThe Hanoitimes – The agreement’s new rules of origin will make it easier to trade products tariff-free when they include inputs from other countries the EU has trade agreements with. Vietnam’s new-generation free trade agreements, the EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), have helped Vietnam-based foreign […]
Read MoreThe Palang Pracharath Party’s (PPRP) proposed lowering of personal income tax has raised concerns over a reduction in state revenues. The proposal was one of the election campaign pledges made by the PPRP, the core coalition party, and the issue is picking up attention ahead of the government’s announcement of its policy manifesto later this […]
Read MoreCambodia and Vietnam are optimistic that they will reach $5 billion in bilateral trade by 2020 as pledged by their governments. For in depth analysis of Cambodian Business, visit Capital Cambodia That optimism was evident during a meeting last week between Prak Sokhonn, Cambodia’s Minister of Foreign Affairs, and Nguyen Quoc Dung, Vietnam’s Vice Minister of […]
Read MoreSINGAPORE is the top destination for working professionals in the region, according to a survey of some 3,500 jobseekers in 11 markets in Asia. RGF International Recruitment’s Talent in Asiareport, released on July 22, found that Singapore workers were generally not keen to work abroad. Their top choice was mainland China, with 21 per cent of […]
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