SINGAPORE’S overall unemployment rate held steady at 2.2 per cent in the second quarter, according to latest figures from the Ministry of Manpower (MOM). Quarter on quarter, the seasonally adjusted unemployment rate declined for residents from 3.2 per cent in March 2017 to 3.1 per cent in June 2017, and for citizens from 3.5 per […]
Read MoreMANILA, Philippines — Businesses in the Philippines are still largely unenthusiastic on the benefits of membership in the Association of Southeast Asian Nations (ASEAN), according to a study by the Philippine Institute for Development Studies (PIDS). The results of the study titled “What does the ASEAN mean to ASEAN peoples?” showed the business sector in […]
Read MoreTEMPO.CO, Jakarta – The Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said that he will give 5-10 percent stake in PT Freeport Indonesia to Papua local governments amid negotiations to divest the company’s 51 percent stake. Luhut said that divestment of Freeport’s stake is expected to be completed by 2019. According to him, the government will raise more […]
Read MoreSmokers could be required to pay an additional 10 baht per pack for low-priced cigarettes after the new excise rate takes effect on Saturday, while the levy on expensive brands will be increased at a lower rate with the aim of narrowing the price gap between the two segments, says a source at the Finance […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati is optimistic to meet this year’s tax revenue target, provided there are additional efforts in the second semester. Tax revenue i growth in the first half of 2017 reached 12.4 percent, year-on-year. “We continue to work in the second half, by going through state revenue sources,” he said, last weekend. Sri asked the Tax Directorate General to identify sectors with improving commodity prices and business climate, to boost the potential […]
Read MoreTEMPO.CO, Jakarta – Indonesia and Vietnam have agreed to strengthen bilateral ties in order to enhance trade activities at the ASEAN level. “Our strategy is to strengthen Vietnam’s position as Indonesia’s main regional chain of supply in ASEAN,” said Trade Minister Enggartiasto Lukita on Monday, August 14. Enggartiasto said that the strategy is more practical for Indonesia instead of […]
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Thailand
