The Ministry of Finance has proposed corporate income tax rate on small and micro-sized enterprises be lowered than the common rate in an effort to support them to overcome the difficult time and promote their development.
Indonesia’s Ministry of Cooperatives and Small and Medium Enterprises (SMEs) is aiming to help 24 million micro, small, and medium enterprises (MSMEs) enter the digital ecosystem by the end of this year.
Indonesia’s government is supporting the building of an ecosystem that helps enhance the competitiveness of micro, small, and medium enterprises (MSMEs), Trade Minister Zulkifli Hasan has said.
The US’s Vector Fabrication Inc has been scouting locations in central Vietnam for a Micro-Electro-Mechanical Systems (MEMS) factory with an estimated investment of 60 million USD, according to the Head of the Da Nang Hi-tech Park and Industrial Zones Authority (Da Nang HPIZA), Pham Truong Son.
A six-month moratorium will be given to all individual borrowers whether they are from the B40 (Bottom 40 percent), M40 (Middle 40 percent) or T20 (Top 20 percent) groups, or micro-entrepreneurs, Malaysian Prime Minister Muhyiddin Yassin said on June 28.
The ASEAN Coordinating Committee on Micro, Small, and Medium Enterprises (ACCMSME) recently launched ASEAN Access, a one-stop business information gateway for international-oriented firms to expand their market outreach within the ASEAN and beyond.
Unemployment in Thailand is likely to soar this year because of the severe impact being felt by the third wave of COVID-19, warned the National Economic and Social Development Council (NESDC).
Laos on March 3 added 33 new COVID-19 cases in six out of 18 cities and provinces in the past 24 hours, marking a three-fold decrease from a day earlier, reported its Health Ministry.
The Indonesian government has prepared a credit package worth up to 4.2 trillion rupiah (about 285 million USD) to support micro, small and medium-sized enterprises (MSMEs) to resume production amid the complicated developments of COVID-19, according to Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan.
The National Assembly Standing Committee gave opinions on a report collecting feedback on the draft Law on International Treaties, and the issuance of a Decree on micro-insurance of socio-political organisations at its 46th session in Hanoi on July 13.
The Indonesian Government on May 11 released a regulation on an economic recovery programme worth 318 trillion Rp (21.28 billion USD) which focuses on capital injections for State-owned enterprises and loan subsidies for small businesses, among others.
PT Bank Mandiri Tbk of Indonesia is planning to expand its business to the Philippines, Malaysia and Vietnam, its director Darmawan Junaidi told reporters on December 11.
The Vietnam Bank for Social Policies (VBSP) on September 6 officially launched the project “Mobile Banking – Financial Inclusion and Economic Empowerment for Low Income People and Women in Vietnam” - Phase 2 (Mobile Banking 2).
Over 40 leading experts and scientists from Australia, Germany, Japan, the Republic of Korea, Singapore, the US and Vietnam shared experience in applying micro-electro-mechanical system (MEMS) and nano-materials to build a safe and friendly city at a conference held in Ho Chi Minh City on August 27-28.
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