HCM City’s customs department has said that it will closely control prices of taxable consumer goods with high import value and high tax rates to manage efficiently the taxable prices of import goods and to avoid loss to State revenue. The customs offices will hold talks about tax consultation with enterprises on fixing taxable prices […]
Read MoreSINGAPORE: With more than half of Singapore equities trading below their net worth, some investors are chasing profits by buying shares in companies that may be bought out or delisted by controlling shareholders or takeover firms. “Investors are looking for takeover candidates because prices have come off significantly,” said Justin Tang, a director of global […]
Read MoreMANILA, Philippines – Consumer prices accelerated to 2.7 percent in January, the fastest in more than two years since it registered at 3.7 percent in November 2014, the Philippine Statistics Authority (PSA) reported yesterday. The rapid uptick was driven mainly by the higher price adjustment in the heavily-weighted indices of housing, water, electricity, gas and […]
Read MoreTEMPO.CO, Jakarta – Earlier in August last year, President Joko Widodo instructed the Minister of Finance Sri Mulyani Indrawati to lower corporate income tax (PPh badan) to a globally competitive rate. Individual income tax will also be slashed to maintain peoples’ purchasing power. Revisions to tax laws are not expected to complete this year nor […]
Read MoreThe cabinet on Tuesday extended by six months to August free visas at Thai consulates and embassies and discounts on visas on arrival for visitors from 21 countries. The Tourism and Sports Ministry proposed the extension to attract foreign tourists as the measure earlier set for three months from early December to Feb 28 raised […]
Read MoreKUALA LUMPUR: Malaysia’s exports rose 10.7% to RM75.6bil in December 2016 from a year ago, exceeding economists’ expectations of a growth of 9.6%, underpinned by higher exports of electrical and electronic (E&E) products and palm oil and palm-based products. The Statistics Department in a statement on Wednesday said on a month-on-month (m-o-m) basis, exports increased […]
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Thailand
