Jakarta has officially launched the Indonesia Forestry Carbon Hub (IFCH) and debuted its first carbon credit projects, the Ministry of Forestry announced on July 6.
Author: Elisabeth Xaviera
Business and Economy Correspondent, SEA Daily
The Philippine Bourse Advances on Cooling Inflation, Peso Weakens
On July 6, Manila’s local bourse concluded positively with the Philippine Stock Exchange index (PSEi) rising by 0.58% to close at 6,223.99, marking its fourth consecutive day of gains, while the general All Shares index advanced 0.53% to 3,388.97 points.
World Bank Elevates Philippines to Upper-Middle Income Status
The Philippines officially attained upper-middle-income country (UMIC) status, as the World Bank announced in its annual Country Income Classifications report on July 1.
Philippines-Canada Elevate Ties to Strategic Partnership as Marcos Secures $14m Investment
Philippine President Ferdinand Marcos Jr. concluded his four-day visit to Canada on July 4, bringing home crucial investment pledges.
Vietnam-EFTA Pact Set to Boost Bilateral Trade and Investment
On July 2, Vietnam and the European Free Trade Association (EFTA) officially issued a joint communiqué following the successful conclusion of their negotiations to upgrade bilateral cooperation and eliminate customs duties.
Laos is set for an agricultural export boom but must first resolve its debt crisis
In the last week of June, the Lao government commenced a series of meetings to evaluate the country’s development progress throughout the first half of the year, as well as to establish priority deliverables for the subsequent second half of the year (H2).
Indonesia to Collect E-Commerce Income Tax via Marketplaces from August 1
Indonesia will officially begin collecting income tax through designated digital marketplaces starting August 1, the Finance Ministry’s Directorate General of Taxes (DJP) announced on July 1.
Laos Outlines H2 Priorities with Agricultural Exports Spearhead Growth
The Lao government initiated a series of meetings in the last week of June, with a focus on reviewing the country’s development progress throughout the first half of the year and further identifying priority deliverables for the subsequent second half of the year (H2).
Vietnam Debuts Carbon Exchange, Trading Over 1,200 Tonnes
Vietnam officially launched its domestic carbon exchange on June 29 at the Hanoi Stock Exchange (HNX), marking a key milestone in aligning the country’s economic growth agenda with its commitment to sustainable development.
Myanmar Celebrates MSME Day, Pushing for Digital Transformation
On June 28, Myanmar concluded its commemoration of the 10th World Micro, Small and Medium-sized Enterprises (MSME) Day at the Myanmar International Convention Centre-1 in Nay Pyi Taw.