MANILA, Philippines – The operator of the Mactan-Cebu International Airport (MCIA) is aiming for a 12 percent increase in passenger arrivals at the airport this year amid efforts to promote the opening of new routes. In a statement yesterday, GMR-Megawide Cebu Airport Corp. (GMCAC) said the MCIA is targeting to hit 10 million passenger arrivals […]
Read MoreTEMPO.CO, Jakarta – The government has changed the Regulation of the Finance Minister (PMK) No.140/PMK.010/2016 to PMK No. 13/PMK.010/2017 on Export Goods Subject to Export Duty and Export Duty Rate. “The background of the new PMK is to push for the acceleration of improved domestic mineral added value,” the head of Fiscal Policy Agency, the Finance […]
Read MorePHNOM PENH – Six provinces will soon have merchandised quality control offices, also known as sanitation and phyto-sanitation (SPS) offices, to monitor and prevent poor-quality imported products, meat and vegetables from flowing across the border into Cambodia. The establishment of the offices comes after an inflow of poor-quality products from neighbouring countries containing bacteria or […]
Read MoreThe land and buildings tax to be levied on vacant land will increase by 0.5 percentage points every three years until it is capped at 5%, says Deputy Finance Minister Wisudhi Srisuphan. The change in taxation is aimed at prompting landlords to use their land. The incremental tax rate will take decades to hit the […]
Read MoreIts sustainability may be difficult due to new financing schemes PETALING JAYA: The high level of household debt in the country is far from over and has room to creep up although the latest data by Bank Negara showed slower growth in household loans last year. Economists and analysts told StarBiz that although the household […]
Read MoreTEMPO.CO, Jakarta – Hundreds of regional elections will be held simultaneously in Jakarta and other regions on Wednesday, February 15, 2017. Expert says that the elections, particularly that of Jakarta, would not have a significant impact on the economy. “Jakarta gubernatorial election’s impact on the economy [will be] limited,” SKHA Institute for Global Competitiveness chief economist […]
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Thailand
