MANILA, Philippines — Vehicle makers and assemblers are expecting a sales recovery in the market next year as consumers would have adjusted to price changes caused by the new excise taxes. In an interview, Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) president Rommel Gutierrez told reporters that they are projecting a conservative 10 […]
Read MoreKUALA LUMPUR: iPay88 Holding Sdn Bhd has proposed a more constructive profit-based tax rather than an industry-wide based (digital) tax that could possibly be announced for the digital industry in the upcoming Budget 2019 on Friday. Co-Founder and Executive Director Chan Kok Long in a statement today said the digital industry in Malaysia was not […]
Read MoreCHIANG RAI: The cabinet has endorsed four infrastructure investment projects worth a combined 470 billion baht under the government’s flagship Eastern Economic Corridor (EEC) scheme. The projects were approved by the EEC Policy Committee on Oct 4 and endorsed at a mobile cabinet meeting on Tuesday in the northern province. The approval came as some of […]
Read MoreTHAILAND’S Energy Minister Siri Jirapongphan has asked the Department of Alternative Energy Development and Efficiency (DEDE) to conduct a study to revise the target for energy use under Asean Ministers on Energy Meetings (AMEM) after Asean countries reached the exisiting target sooner than planned in 2021. Siri said that a committee will study the new […]
Read MoreMANILA, Philippines — The Philippines is expected to win a larger share of China’s overseas investments, reaching an estimated $120 billion with the signing of an agreement that would pave the way for the direct conversion of the respective currencies of the two countries under a so-called Philippine Renminbi Trading Community (PRTC) and peso-renminbi spot market, according […]
Read MoreA representative of the National Bank of Cambodia yesterday clarified the Central Bank’s policy toward the Chinese yuan, saying that its use is only being promoted in cross-border dealings. The explanation was given yesterday by NBC director Chea Serey and follows reports in local media that the Central Bank was encouraging the use of the […]
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