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Thailand: Lower rental fees to spark SEZ interest

The Treasury Department is set to cut rental fees for land in special economic zones (SEZs) as a way to draw private investment, the department’s new chief says. The plan is to relax some conditions for developing state land for SEZs in the next round of auctions, Patchara Anuntasilpa said in his first interview with […]

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Myanmar: EuroCham cites protectionist bent and tax inefficiencies as top investor concerns

A white book published by European businesses has hit out at Myanmar’s protectionist tendencies blocking or stalling liberalisation and cited tax inefficiencies as one of the top concerns among investors. The European Chamber of Commerce Myanmar (EuroCham) published a white book, an annual publication identifying the year’s salient business, trade and investment issues affecting European […]

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Google agrees future tax payments with Indonesia

JAKARTA — Alphabet Inc’s Google Asia Pacific headquarters has agreed on future tax payments with the Indonesian government, the country’s communications minister said on Wednesday. Finance Minister Sri Mulyani Indrawati had said on Tuesday that Indonesia had reached a tax deal with Google for 2016, following a months-long dispute over allegations that the search giant had not […]

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Singapore Airlines Subsidiary Scoot Talks about Indonesian Market

TEMPO.CO, Seattle – Lee Lik Hsin, CEO of Singapore Airlines subsidiary Scoot operating in Jakarta, Surabaya, and Denpasar, revealed that he had been in communications with Indonesian authorities. Lee added that Indonesian officials had visited Scoot to discuss flights. However, Lee did not reveal whether his company is planning to serve new flight routes outside the […]

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Winter ending to Singapore’s property market

It has been a long winter for Singapore’s property market, but the first blooms of spring are showing. The signs of a revival are strong, such as greatly increased sales volumes and fierce bidding for land by developers ready to fork out eye-watering sums. The latest pointer to an upturn was the keenly contested Toh […]

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Vietnam’s draft law on SME support disappoints experts

Vietnam’s draft law on supporting Small and Medium Enterprises (SMEs) has failed to live up to expectations from local businesses and experts who criticize its lack of practical grounds. The proposed piece of legislation, compiled by the Ministry of Planning and Investment, is aimed at facilitating the access of SMEs in Vietnam to government support […]

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