By the end of 2016, with US$5.4 billion worth of funding already in place, China was by far the largest overseas investor in Laos. China and Laos jointly initiated work on the second phase of the 1,156-megawatt Nam Ou Cascade Hydropower Project earlier this year. The project, set on Laos’ principal river, is seen as […]
Read MoreTEMPO.CO, Jakarta – State-owned AirNav Indonesia Operations Director Wisnu Darjono said that the company is preparing nine airports to divert flights in and out of Bali Ngurah Rai Airport, which has been closed due to Mount Agung eruption. The airports are located in Jakarta, Makassar, Surabaya, Balikpapan, Solo, Ambon, Manado, Kupang and Banyuwangi. According to Wisnu, the alternative […]
Read MoreInternational cooperation is pivotal to collecting e-commerce taxes levied on foreign companies who earn revenue from digital service transactions in Thailand, says a senior official at the Finance Ministry. Levying online transactions requires an international agreement on which trading processes should be taxed, said Lavaron Saengsanit, the inspector-general who oversees the ministry’s tax reforms. Even […]
Read MoreSINGAPORE – The Goods and Services Tax (GST) is likely to be raised by two percentage points in Budget 2018 as Singapore’s spending needs continue to grow, according to DBS senior economist Irvin Seah. He expects a staggered hike implemented over two years to help cushion the impact on households. His predictions follow comments by […]
Read MoreSINGAPORE – Credit card holders here are increasingly using card-linked but card-less mobile apps or wallets for their purchases, according to a survey by research firm JD Power. The study found that with so many payment options available, the credit card remains Singapore’s most popular mode of payment at stores and restaurants and for online […]
Read MoreThe Hanoitimes – On November 28, Chairman of Hanoi People`s Committee Nguyen Duc Chung presided over the regular meeting of the Hanoi People`s Committee in November and deployed the task in December of 2017. The meeting also saw the attendance of Vice Chairman of Hanoi People’s Committee: Nguyen Quoc Hung, Nguyen The Hung, Nguyen Doan Toan. […]
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