The Council of State is expected to finish reviewing the legal draft of the proposed inheritance tax this week, Deputy Prime Minister Wisanu Kruengam said.
After that, the draft will be submitted to the Finance Ministry before being forwarded to the Cabinet, possibly next week.
Laos in energy push
Laos will push for the acceleration of energy integration under the Asean Power Grid (APG) to address the imbalance in the distribution of power-generating resources in the region.
Dr Daovong Phonekeo, director-general of Laos’ Energy Policy and Planning Department, said energy integration had been talked about for years but the project had not progressed.
“We will take the opportunity of the 32nd Asean Ministers on Energy Meeting in Vientiane to push for the acceleration of energy integration in Asean,” he said. The AMEM is taking place this week in the Laotian capital.
Partners sought
Berli Jucker is seeking partners for manufacturing tissue paper in Asean countries, including Cambodia and Myanmar, to cut the cost of exporting such products from its plant in Thailand, said Sanchai Thiewprasertkul, the company’s senior vice president for consumer products.
It currently exports its Cellox Purify tissue to four major markets, namely Cambodia, Vietnam, Myanmar and Laos.
Deal with Monsanto
Thai company East-West Seed has entered an agreement with Monsanto to add temperate vegetable varieties developed by that global seed company to East-West’s range of mainly tropical varieties.