The Japanese remain interested in expanding their presence in Myanmar despite lower investments in recent years compared to before and a refugee crisis unfolding in northern Rakhine. At the 13th Joint meeting of the Myanmar-Japan CCI Business Cooperation Committees in Yangon on October 23, the new Investment Law, development of small and medium enterprises (SMEs) […]
Read MoreTEMPO.CO, Jakarta – The Indonesian Cigarette Manufacturers Association (Gappri) said that tobacco excise hikes in the last three years have resulted in increasing illegal cigarette trade in Indonesia. Gappri chairman Ismanu Soemiran said that the cigarette production has declined over the years following the hikes. “In the past three years, it declined 1 percent per year. If tobacco excise […]
Read MoreExports are forecast to hit a record high of US$232.6 billion (7.72 trillion baht) this year, up 8% from 2016 because of a recovering global economy and strong demand for Thai goods, says Chantira Jimreivat Vivatrat, the newly appointed director-general of the International Trade Promotion Department. The Commerce Ministry is planning more measures to support […]
Read MoreKUALA LUMPUR: Policy makers should contemplate on creating a universal social pension due to rising concerns that Malaysians may not be saving enough for their retirement. This is especially true in the case of low-income workers, who, in spite of having saved a portion of their income in the Employees Provident Fund (EPF) throughout their […]
Read MoreThe government will stick to its target of a wider budget deficit even if Congress decides to pass a watered-down version of tax reforms deemed crucial for a massive infrastructure program. “Hopefully the Congress bicameral conference [committee]will pass a Train (Tax Reform for Acceleration and Inclusion) version that will yield revenues that will allow the […]
Read MoreVIENTIANE, Oct. 24 (Xinhua) — The Lao government has set a plan to attract more than 5.2 million foreign arrivals to the country and increase the annual income generated by the foreign visitors to 900 million U.S. dollars in 2018. “In order to make a rebound in tourism growth, the Ministry of Information, Culture and […]
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