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Indonesia: 64 companies granted tax incentives: Official

The government has granted tax incentives to 64 companies since a revised regulation on fiscal incentives was issued in April, an official has said. “Sixty-four companies have got tax allowances. More investors have submitted documents,” said the head of the Industry Ministry’s Industrial Research and Development Agency, Ngakan Timur Antara, in Jakarta on Thursday as […]

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Thailand: E-commerce wars to leave few standing

Only a handful of dominant players will survive the intense Thai e-commerce competition, so local businesses must offer unique features, say operators.  Thailand’s e-commerce operators are under pressure from giant internet players that are strong in several areas: finance, marketing, logistics infrastructure, warehousing, and systems.  Singapore-based Shopee offers free shipping with no commission fee to […]

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Thailand: Final call for migrant workers to register

Labour Minister Pol General Adul Sangsingkeo has urged migrant workers from Cambodia, Myanmar and Laos to undergo nationality verification and official registration to work legally in Thailand before the One Stop Service (OSS) centres close on June 30. Employment Department director-general Anurak Thossarat said on Friday there would be no further extension of the grace […]

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Thailand: Public debt Level to be capped at 50% of GDP

Public Debt Policy Office (PDMO) will keep Thailand’s public debt at no more than 50 per cent of the nation’s gross domestic product (GDP) in the next 10 years, despite the government’s planned investment in mega infrastructure projects worth over Bt2 trillion in the next four to five years. Jindarat Viriyataveekul, director of the Policy […]

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