A newly-amended Investment Promotion Law has recently been promulgated, offering a variety of incentives to attract investment in both promoted sectors and hardship areas. Businesses investing and operating in hardship communities (known as Area I),where infrastructure has not yet been developed, will enjoy favourable profit tax exemptions over 10 years according to the amended law, […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia predicts inflation rate to increase in July 2017. Price volatility due to Eid al-Fitr holiday and high administered prices can cause inflation. The Central Statistics Agency noted that as of March 2017 the inflation rate of the calendar year stands at 1.19 percent and the annual inflation rate stands at 3.61 […]
Read MoreWhat a difference a year makes. In the same hot summer last year, Myanmar was the rosy-cheeked debutante of the democratic world after the National League for Democracy (NLD) won a landslide victory in the 2015 election, paving the way for the first civilian-led government in 54 years. Foreign investors were rushing in, lured by […]
Read MoreMost Southeast Asian stock markets fell on Monday as investors sought refuge in safe-haven assets in the wake of mounting geopolitical tension. Already bruised by worries over North Korea and upcoming French elections, global investor sentiment was further hurt by weak US economic data. Though a host of Chinese economic data beat market expectations, they […]
Read MoreSingapore home sales surged to the highest monthly total for nearly four years in March, a month in which the government rolled back some property curbs in March following a three-year slide in prices. Developers sold 1,780 units in March, the most in a month since June 2013 and more than double the 843 sold […]
Read More
Thailand
