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Malaysia has outlined an ambitious plan to decrease its dependence on imported food by half by 2050 in an effort to bolster national food security. This objective arises as the nation grapples with an annual food import expenditure hitting around 80 billion…
Beginning in October, Singapore will permit foreign central banks and sovereign entities to store their gold reserves within its borders. This move is aimed at reinforcing Singapore’s standing as a regional hub for gold trading and storage. The city-state’s…
Beginning January next year, Thailand will impose taxes on all foreign goods sold through online platforms, thereby ending the current exemption on low-value imports priced under 1500 baht (US$46.30). Creating a Fair Market According to Panthong Loikulnan,…
The tax department has set up a website for collecting tax from foreign companies to make it easier for tech giants like Facebook and Google to fulfill their duties. The Portal of the General Department of Taxation for Foreign Providers (etaxvn.gdt.gov.vn)…
Foreign funds snapped up RM146.8 million net of local equities last week during the holiday-shortened week. “Foreign funds resumed their entry into stocks listed on Bursa for the fourth consecutive week albeit at a slower pace compared to the preceding week,“…
FDI pledges for new projects, increased capital and stake acquisitions in Vietnam rose 51.9 percent year-on-year to $1.9 billion in January. In a statement Monday, the Ministry of Planning and Investment said the manufacturing sector attracted the most…
China will continue to relax foreign investment rules for the country’s auto sector and other high end manufacturing, lifting restrictions in an orderly fashion, the commerce ministry said on Thursday. The government is preparing to further open up the new…
Bank Indonesia said many banks mainly branches of foreign banks have not complied with the call for setting aside at least 10 percent of their credits for micro, small and medium enterprises (SMEs) . Head of Bank Indonesias division for development of SMEs…
The rapid development of the digital world has encouraged internet data and content providers to expand their business to developing countries like Indonesia. The problem is that Indonesia is not prepared for this development. Although there are almost 100…
U Tin Ye Win, a commerce ministry director in Nay Pyi Taw, said three or four companies have been granted licences, and several more are in the process of applying, but have not yet met all the requirements. Premium Distribution Company has been importing…
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