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Malaysia: Economic Report 2017/2018: Economy to grow at slower pace of 5% to 5.5%

MALAYSIA’S economy will remain resilient in 2018, though real gross domestic product (GDP) will expand at a slower pace, due to external challenges such as rising protectionism and policy uncertainties in the advanced countries. Growth will be mainly driven by resilient domestic demand amid a favourable external sector. Importantly, the government will ensure the economy […]

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Singaporeans prepared to work past 65, 70

SINGAPORE: Singaporeans on the verge of retiring are prepared to keep working for longer than those that came before them. Men aged 55 to 59 had far greater expectations to work full-time past 65 and 70 than employees currently are, while women had such projections beyond 62, 65, and 70, according to the latest survey […]

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Study: Thailand has edge for foreign firms

Thailand ranked 34th out of 36 countries in terms of attractiveness to online global marketplace players, according to a study conducted by global payout solution provider Hyperwallet. The study, “The 2018 Marketplace Expansion Index”, attempted to pinpoint the most attractive countries for marketplaces to break into next year. Hyperwallet analysed 10 key factors including infrastructure, […]

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Indonesia: Jokowi Meets Kadin, Discuss Tax Audit

TEMPO.CO, Jakarta – President Joko Widodo (Jokowi) met with the Indonesia Chamber of Commerce and Industry (Kadin) executive board on Thursday night discussing tax audit, among others. Kadin chairman Rosan Roeslani said that they discussed the roles of state-owned enterprises and private firms in the business world. Rosan said that Kadin proposed a new rule for tax audits. “On […]

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