KUALA LUMPUR: Malaysia’s October exports rose 18.9% from a year earlier, snapping a two-month streak of slowing annual growth on the back of higher demand for manufactured and mining goods. Export growth was above the 18.5% rise forecast by a Reuters poll, and up from September’s 14.8% growth. Malaysia has seen double-digit growth in exports for […]
Read MoreTHE REVENUE Department will amend the Revenue Code to raise the threshold for child-rearing expenses that can be deducted from personal income tax in a bid to encourage Thais to have more than one child. Prasong Poontaneat, Revenue director-general, said that under the planned legal amendment, each spouse will be given a tax deduction for […]
Read MoreThe Finance Ministry’s directorate general of customs and excise has collected Rp 143.62 trillion (US$10 billion) in revenues as of November, or about 75.94 percent of this year’s target of Rp 188.1 trillion ($13.17 billion). Yustinus Prastowo of the Center for Indonesian Taxation Analysis (CITA) estimated on Tuesday that the office would collect about Rp 147.7 […]
Read MoreSingapore, as the new ASEAN chair, is confident that ASEAN’s prospects are bright for the next 50 years. Speaking at a public lecture on ASEAN at the Yusof Ishak Institute on Tuesday, Singapore Foreign Minister Vivian Balakrisnan said that had ASEAN not been formed 50 years ago, the region would have become a collection of […]
Read MoreSINGAPORE: Next year marks an ominous turning point for Singapore’s graying population, according to research by Francis Tan, an economist at United Overseas Bank Ltd. in Singapore. In 2018, the share of the population that’s 65 years and older will match those younger than 15 for the first time, Tan wrote in a report on […]
Read MorePETALING JAYA: The Malaysian equities’ outlook is expected to be less promising post-14th general election (GE14), according to UOB Kay Hian Malaysia Research. However, equities on Bursa Malaysia are likely to outperform in the first quarter of 2018 (Q1’18), amid the anticipation of a general election, firm domestic economic indicators and ample global and domestic […]
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