Ministry of Finance
Laos government to cut ‘lavish spending’
The government of Laos has instructed state agencies to formulate comprehensive belt-tightening measures against “lavish” practices to in a move to cut public spending,...
Vientiane owes investors $30 million
Vientiane authorities said on October 25 that the Lao capital owes 237.22 billion kip (around $30 million) to investors who funded 118 projects, mainly...
Malaysia’s 2014 budget: The highlights – 6% sales tax from 2015
Malaysia's Prime Minister Najib Razak delivered his eagerly-awaited Budget 2014 speech on October 25 at 4pm local time. He announced the introduction of the...
Vietnam government struggles with overspending
Vietnam's Prime Minister Nguyen Tan Dung told a National Assembly session opening on October 21 that state budget overspending this year would likely be...
Laos struggles with poor tax management
Much revenue from taxes and tariffsis being lost in Laos due to poor management by officials and a lack of cooperation from businesses, the...
Thailand’s growth ‘not as good as expected’
Mainly home-made problems are the reason that Thailand's GDP growth could fall below 4 per cent this year, a prediction that the country's Ministry...
Exclusive Interview: Thirachai Phuvanatnaranubala, former Thai Minister of Finance
Confidence in the first place
Thailand’s fiscal policy is a strong pillar for the country’s economy. To ensure stable future fundamentals, the Ministry of Finance...
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Thais spent nearly 59 billion hours glued to their smartphones in 2020
No more talking...
Thais have spent 58.8 billion hours using smartphones in 2020, which means that any of...
Stories of the week
Foreign investors re-routing capital from Myanmar to Vietnam, Cambodia
Those foreign investors which have been confident until recently of a bright economic future of a young...