Philippine monetary authorities are ready to deploy macroprudential measures to address potential tightness in funding conditions as well as strong capital outflows due to shocks from interest rate hikes in the US and tensions in the Korean Peninsula. Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. told The STAR the central bank could adopt sound […]
Read MoreTEMPO.CO, Jakarta – Transportation Minister, Budi Karya Sumadi, argues that the Government and Business Entity Cooperation (KPBU) financing scheme used to finance government infrastructure projects will be able to accelerate construction process. It would need more than Rp 1,000 trillion worth of funds to accelerate infrastructure developments. Meanwhile, the ministry’s four year project can only […]
Read MoreThe Finance Ministry has instructed the Revenue Department to improve tax collection efficiency and stem tax avoidance by large corporations, whose tax bills have been falling for the past several years. Over 1,000 large companies classified under the department’s Large Tax Office paid less than the tax-collecting agency’s target in recent years, resulting in a […]
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Thailand
