Both countries are exchanging views on post-Covid-19 crisis recovery efforts and the progress of Asean’s response to the Covid-19 crisis; review and approval of the recommendations of the 41st Meeting of the High-Level Working Group on Asean Economic Integration to the 28th Asean Economic Ministers’ Meeting Cambodia and Singapore have reaffirmed their commitment to continue […]
Read MoreThe Asean Economic Ministers (AEM) group wants to upgrade existing free trade agreements (FTAs) and accelerate the enforcement of the Regional Comprehensive Economic Partnership (RCEP) trade pact among all members, aiming to revive the regional economy amid the Covid-19 crisis. According to Trade Negotiations Department director-general Auramon Supthaweethum, the economic ministers are expected to discuss […]
Read MoreIndonesia’s move to increase the value-added tax (VAT) on goods and services from 10 per cent to 11 from April 1, 2022 is met with dismay from tourism stakeholders, who fear that higher travel costs will hamper business recovery as well as raise operating costs. The government said the increased value-added tax was needed to […]
Read MoreHomebuilders are planning to adjust construction fees up 5-8 per cent in April following a rise in the prices of fuel and some raw materials due to the war in Ukraine, the Home Builder Association (HBA) announced on Tuesday. Homebuilders are shouldering the rising cost of raw materials, especially steel rods, which are now over […]
Read MoreThe General Department of Taxation collected KHR 2,074.66 billion (around $512 million) in taxes for the first two months of 2022, increasing 22.69 percent compared to the same period in the previous year. In February 2022, revenue from five main types of taxes continued to increase significantly compared to February 2021. The income tax registered […]
Read MoreMANILA, Philippines — The value of the Philippines’ domestic trade continued to decline in the fourth quarter of 2021 to P105.9 billion, driven by double digit declines in the majority of traded commodity groups, preliminary data from the Philippine Statistics Authority (PSA) showed. The fourth quarter figure is 36.4 percent lower than the P166.5 billion […]
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Thailand
