The top five residential developers posted a year-on-year decline in revenue in the first quarter of 2017, reflecting a drop in the number of newly transferred and registered housing units after property tax incentives expired in April 2016. Pruksa Real Estate, a property development arm of SET-listed Pruksa Holding Plc that posted the highest revenue […]
Read MoreThe majority of small and medium enterprises are still unaware of how to comply with new tax regulations that came into force at the end of last year, according to an Economy Ministry official. Srun Angkaren, a deputy director in the general department of taxation, said officials are organising training to help SMEs comply with […]
Read MoreTEMPO.CO, Jakarta – The National Development Planning Agency (Bappenas), in collaboration with Australia and Switzerland, conducted a survey in 2016 on the finance inclusion in East Indonesia. Twenty thousand respondents took part in the survey throughout East Java, West Nusa Tenggara, East Nusa Tenggara, and South Sulawesi. The report reveals that 41 percent of citizens living in […]
Read MoreConsumer goods makers have expressed concern about tepid domestic consumption this year and are adjusting their strategy to cope. Leading consumer brands such as Lactasoy soymilk, Mama instant noodles, Morakot palm oil and Koh-Kae snacks agree consumer spending power was weak in the first quarter of 2017. Jariya Chirathivat, president of the Thai Retailers Association, […]
Read MoreTEMPO.CO, Jakarta – The Governor of Bank Indonesia Agus Martowardojo predicts a slightdecline in commodity prices next year. It would have an impact on the government’s economic growth target of 5.4-6.1 percent set out in draft 2018 state budget. “We expect consolidation of real sector, corporations and banks to be concluded so that 2018 could […]
Read MoreAll local food products have to be labeled to ensure quality and safety, according to officials from the Food and Drug Administration (FDA). According to the FDA, producers and those found selling food products without labels would face action starting from the end of June. The FDA had announced that due to safety considerations, all […]
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Thailand
