On 26 June 2023, the Royal Government of Cambodia adopted Sub-Decree 139 (“Sub-Decree 139”)...
Credit Suisse Sees Limited Impact from Policy Shift on GULF; BGRIM’s Margin Have Bottomed Out
As the share prices of GULF and BGRIM have declined by more than 10%...
Oil Prices Up Slightly as US Rate Hikes, Tighter Supply Continue in Focus
Oil prices rose slightly on Friday as strong employment data raised concerns about higher...
DFDL Vietnam Tax Alert: Vietnam Introduces a Reduced VAT Rate from 1 July 2023
On 30 June 2023, the Government of Vietnam issued Decree No. 44/2023/ND-CP stipulating a...
DFDL Myanmar Tax Alert: IRD Clarifies Taxation of Housing and Medical Benefits Given to Employees
On 28 June 2023, the Internal Revenue Department (“IRD”) issued Interpretation Statement No. 1/2023...
Japan’s Base Salary Jumps to Highest Level in 28 Years as Markets Eye BOJ’s Policy Shift
The government data on Friday showed that Japan’s base salary rose at the fastest...