Government
Government services
Japanese life insurers take hit from BOJ's negative rate policy
The Bank of Japan’s negative interest rate policy dealt a blow to Japanese life insurance companies last fiscal year, with premium income shrinking at 11 out of 15 major players. Basic profit — a measure of profitability from core operations — decreased at seven groups for ...
Tourism industry wants visa waiver for 5 European countries extended
The HCM City Tourism Association has urged the Government to extend the visa waiver for tourists from five Western European countries — France, Italy, Germany, the UK, and Spain. A visa waiver programme for the five countries ends next month, Nguyễn Thị Khánh, deputy chairwoman ...
Cross-border crimes in cross-hairs as ASEAN enhances cooperation
ASEAN member states and dialogue partners have committed to enhance their cooperation efforts in combating transnational crimes in a bid to maintain the security at and across borders in the ASEAN region. The 17th Senior Officials Meeting on Transnational Crime (SOMTC) and its related meetings ...
Agriculture firms receive Gov’t funds
State credit institutions will offer enterprises developing national agricultural products 70 per cent of investment capital support, said the Ministry of Planning and Investment. MPI has finalised a draft decree on policies encouraging enterprises to invest in agriculture and rural areas to submit to the ...
SMEs urged to comply with tax changes
The majority of small and medium enterprises are still unaware of how to comply with new tax regulations that came into force at the end of last year, according to an Economy Ministry official. Srun Angkaren, a deputy director in the general department of taxation, ...
Laos continues pursuit in fighting corruption
Laos is pursuing more capacity building in the development of both its legislation and human resources in its continued fight against corruption. High-level officials from the State Inspection and Anti-Corruption Authority relayed the country’s efforts in an address at a workshop on using financial investigation, ...
EDL amasses huge debt due to unpaid bills, investment outlay
Unpaid electricity fees, notably owed by state organisations, have accumulated into a large debt to be paid to Electricite Du Laos (EDL), a minister told the recent National Assembly session. Minister of Energy and Mines Dr Khammany Inthilath gave the information when responding to questions ...
International visitors top expenditure of regional tourists
International tourists have generated a bigger expenditure in the country over regional tourists, even though regional tourist arrivals were 92 percent higher last year. According to a newly released national statistics report from the Tourism Development Department under the Ministry of Information, Culture and Tourism, the ...
Cambodia’s ‘fragile’ decade: Kingdom ranked poorly in stability index
With the ruling party ominously invoking the possibility of war as elections draw near, a new index suggests the Kingdom is indeed at risk of instability – not thanks to outside challenges to the CPP, but to the government’s own opacity and lack of accountability. ...
Lao PM visits Malaysia to boost ties
Lao prime minister Thongloun Sisoulith and his delegation were on an official visit to Malaysia from Tuesday to May 10 at the invitation of Prime Minister Najib Tun Abdul Razak. This is Thongloun’s first visit to Malaysia since taking the top government post a year ago. His ...
