JAKARTA (CNA) – Indonesia will remove export restrictions on palm oil products and raise its export levy instead, its trade minister said yesterday, only a week after the world’s biggest exporter of the edible oil shocked markets by further tightening its curbs. The Southeast Asian country has since last week required companies to sell 30 […]
Read MoreThe year-on-year inflation rate jumped to 7.3 percent in February, the highest figure recorded in Laos since January 2016. The surge in consumer prices has been driven by the spiralling cost of fuel and other imported products due to the continuing depreciation of the kip, according to the latest report from the Lao Statistics Bureau. […]
Read MoreMany large businesses in tourism, accommodations and transport, and five-star hotels and resorts are expected to see a boom after two years of stagnation. Vietnam officially opened its doors to foreign travelers on Mach 15, 2022. According to the Saigon Securities Incorporated (SSI) Research, the tourism reopening will promote revenue growth and improve the profits […]
Read MoreWith the 2022 year well under way most enterprises in Cambodia are turning their attention to their annual compliance obligations. There have been some recent changes and updates with respect to the annual compliance obligations for most enterprises in Cambodia. We have included the recent changes in our summary below. 2021 Tax on Income Return […]
Read MoreMANILA, Philippines — The Philippines is expected to post slower economic growth and higher inflation this year despite an assurance from the Bangko Sentral ng Pilipinas (BSP) that the country is insulated from the ongoing Russia-Ukraine war, according to S&P Global Ratings and Moody’s Investors Service. In its latest Global Macro Update titled “Preliminary Forecasts […]
Read MoreTravelers hoping to enter Laos, including Lao citizens and foreign residents, have expressed disappointment regarding unclear entry requirements. A recommendation issued yesterday and circulated among the media led many to believe that entry procedures would be streamlined, allowing for online registration in place if complicated paperwork. The recommendation, issued by the Covid Committee of the Ministry of […]
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Thailand
