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Cambodia: SMEs urged to comply with tax changes

The 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 […]

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Indonesia: Survey : Half of East Indonesians Have No Bank Accounts

TEMPO.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 […]

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Thailand: Consumer goods outlays weak

Consumer 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, […]

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Bank Indonesia Predicts Decline in Commodity Prices in 2018

TEMPO.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 […]

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Myanmar: All food products must have labels: FDA

All 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: Exports climb for a second month in April

Thai exports expanded for a second straight month in April, boosted by the global economic recovery and higher prices for farm products and oil. The Commerce Ministry yesterday said customs-cleared outbound shipments rose by 8.5% year-on-year in April to UScopy6.9 billion after a 9.2% jump in March. “Shipments fared well in almost all markets,” said […]

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