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Thailand: New land tax bill nears NLA approval

Deputy Finance Minister Wisudhi Srisuphan has hailed the bill on land and buildings tax, which is on the verge of sailing through the National Legislative Assembly (NLA), as a significant overhaul of the tax structure. Mr Wisudhi said that once the bill becomes law, it will help boost effective use of land and inject more money […]

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Singapore non-oil exports jump 8.3% in October

SINGAPORE’S non-oil domestic exports (NODX) jumped 8.3 per cent in October over a year ago, extending September’s 8.1 per cent rise – thanks to an increase in non-electronic NODX which overweighed a continued dip in electronic domestic exports. Non-electronic NODX grew 12.8 per cent after rising 11.8 per cent in the previous month, while electronic […]

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Illicit imports threaten Myanmar’s e-commerce players

The commerce ministry committed to developing the country’s nascent e-commerce sector as a means to boost trade and create jobs, but the lack of infrastructure and rampant illicit trade pose a serious threat to the emerging industry. The report from the United Nations Conference on Trade and Development (UNCTAD) titled “Rapid eTrade Readiness Assessment of Myanmar” […]

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Azmin: Foreign investors positive on Malaysia

JOHOR BARU: Foreign investors, especially from Japan and Singapore, have expressed their willingness to retain and maintain their foreign direct investments (FDIs) in Malaysia. According to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, foreign investors have also expressed their confidence in the country’s new leadership. These commitments were relayed to Azmin during his official visits to Japan and Singapore with Prime Minister […]

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