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Thailand: Land, buildings tax scrutinised

Cutting the exemption ceiling for first homes to 20 million baht from 50 million will nearly triple the number of residences subject to the land and buildings tax to 30,000, says Deputy Finance Minister Wisudhi Srisuphan. According to the Finance Ministry’s data, 11,000 homes would be subject to the new property tax payment if the […]

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This picture taken on September 12, 2017 shows entrepreneurs working at the EV-Hive event space, a co-working space, in Jakarta.
Big-name investors including Expedia and Alibaba are pumping billions of dollars into Indonesian tech start-ups in a bid to capitalise on the country’s burgeoning digital economy and potential as Southeast Asia’s largest online market. Indonesia has seen a surge of cash into its technology sector over the past two years, helping support dozens of homegrown start-ups ranging from ride hailing apps to e-commerce firms. / AFP PHOTO / GOH Chai Hin / TO GO WITH Indonesia-technology-startups, FOCUS by Harry PEARL
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Global firms join rush to bet on Indonesia

JAKARTA (AFP) – Big-name investors including Expedia and Alibaba are pumping billions of dollars into Indonesian tech start-ups in a bid to capitalise on the country’s burgeoning digital economy and potential as Southeast Asia’s largest online market. Indonesia has seen a surge of cash into its technology sector over the past two years, helping support […]

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Singapore: Q3 economic growth likely to hit 3-year high

The Singapore economy likely grew at its fastest pace in three years over the July to September quarter, buoyed by the surging manufacturing sector. But economists are cautious about the longer-term outlook, noting that electronics manufacturing – the brightest spot in the economy this year – might yet lose steam as export demand tapers off. […]

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Thailand: Innovation and the pharmaceutical industry

In this series of articles we have been discussing various aspects of innovation in healthcare and how advances in technology have been transforming the field. We have focused mainly on computer and communications technology but in this final article we will look at the role and significance of innovation in the pharmaceutical industry. Drugs play […]

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Indonesia: E-commerce Businesses Urge Government for a Fair Tax Regulation

TEMPO.CO, Jakarta – Online marketplace or E-commerce owners requested the Indonesian government to offer an equal regulatory treatment regarding taxation once it takes effect. One of the founders of Bukalapak.com Muhamad Fajrin explained that marketplace based e-commerce and social media e-commerce should be treated equally. Fajrin reasons that the current thriving e-commerce businesses are not only participated by businesses […]

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