JAKARTA — Alphabet Inc’s Google Asia Pacific headquarters has agreed on future tax payments with the Indonesian government, the country’s communications minister said on Wednesday. Finance Minister Sri Mulyani Indrawati had said on Tuesday that Indonesia had reached a tax deal with Google for 2016, following a months-long dispute over allegations that the search giant had not […]
Read MoreBus manufacturer SC Auto announced yesterday it is setting up a $30 million facility in Yangon, Myanmar, with support from International Enterprise (IE) Singapore, as it seeks further growth for its business. The 16,000 sq m facility, slated to begin production in the fourth quarter of next year, will enable SC Auto to increase its […]
Read MoreSINGAPORE’S resident unemployment rates for most age and education groups were higher in the first quarter of this year compared to a year ago, according to figures released by the Ministry of Manpower (MOM) on Tuesday. The increase in resident unemployment rates was more pronounced among residents aged below 30 (from 3.8 per cent to […]
Read MoreJAKARTA (REUTERS) – Indonesia has reached a settlement with Alphabet’s Google for 2016 in their dispute over taxes, the country’s finance minister said on Tuesday (June 13). “We already have an agreement with them based on 2016. But we can’t disclose the figure, that is a secret,” Indonesia Finance Minister Sri Mulyani Indrawati told reporters. […]
Read MoreSINGAPORE – Resale prices of non-landed private homes in Singapore increased 0.4 per cent in May, flash estimates from SRX Property showed on Tuesday (June 13), with 17.4 per cent increase in volume of sales compared to May 2016. Prices last month also increased by 1.5 per cent compared to a year ago, but still […]
Read MoreVietnamese coffee exporters, faced with dwindling robusta supplies in the world’s top producer, are paying up to buy beans from international trade houses who scooped up much of the crop early in the season. Local exporters in Vietnam are struggling to find coffee to fulfil their contracts, trade sources said, after farmers sold forward much […]
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Thailand
