by Teuvo Tuomi | Mar 24, 2024 | Business, Economy, Laos, News
The Lao government has announced plans to raise the value-added tax (VAT) rate from 7% to 10% as part of efforts to increase budget revenue and support economic and social development in the country. The decree still lacks specific details regarding the implementation...
by Teuvo Tuomi | Mar 16, 2024 | Malaysia, Economy, Food & Drinks, Trade
Malaysia maintains its export tax for crude palm oil at 8% for April and raised its reference price, the Malaysian Palm Oil Board confirms. The export tax structure starts at 3% for crude palm oil in a 2,250 to 2,400 ringgit-per-ton range. The maximum tax rate is set...
by Teuvo Tuomi | Mar 9, 2024 | Vietnam, Economy, Lifestyle, Society
The number of ultra-high-net-worth individuals (UHNWIs) in Vietnam with net assets of 30 million USD or more increased by 2.4% to 752 in 2023, according to Knight Frank’s Wealth Report 2024. The report also predicts the UHNWIs population in Vietnam will grow to 978 in...
by Teuvo Tuomi | Mar 8, 2024 | Culture, ASEAN, Asia, Bangkok, Economy, Education, Lifestyle, News, Southeast Asia, Thailand, Visions
The Asia-Pacific Regional Commemoration of International Women’s Day 2024 (IWD 2024) highlighted the roles held and contributions made by women and girls working to reshape the economic landscape throughout Asia. The event took place today (8 March) at the United...
by Teuvo Tuomi | Mar 5, 2024 | Malaysia, Economy, News
The Malaysian ringgit is likely to stay weak in the first six months of 2024 as the country grapples with China’s weak economy, a strong US dollar, and delayed economic reforms at home. But finally, the currency seems to have bottomed out, analysts say. On 20...
by juuso | Mar 4, 2024 | Partners, ASEAN, Economy, Indonesia, Southeast Asia
Vision Finland is thrilled to announce its partnership with the Nordic Chamber of Commerce,known as NordCham, marking a new era of collaboration and growth opportunities. NordCham,the foremost Nordic Chamber of Commerce in Indonesia, embodies a commitment to...
