The double tax avoidance agreement (DTA) between Cambodia and Singapore came into effect this month, helping clarify taxation rights on all forms of income arising from cross-border business activities, while minimising double taxation. On January 1 the Inland Revenue Authority of Singapore (IRAS) issued an announcement stating that the DTA with Cambodia “comes into effect […]
Read MoreKUALA LUMPUR: The ringgit continued its upward momentum to open at a 19-month high of 3.9880/9930 against the US dollar Monday, on improved sentiment towards the local note. It was prompted by the strong trade surplus, as well as, expectations of a hike in the Overnight Policy Rate (OPR) by Bank Negara Malaysia this year. […]
Read MoreIntense competition from global commerce players has forced local e-marketplace operators to adapt for survival. Two local e-marketplaces that have been operating for over a decade are shifting their strategies. Weloveshopping.com is moving its focus from online to offline, and synchronising online channels with True Corporation, while Tarad.com is in discussions with a new strategic […]
Read MoreLeaders of the Lancang-Mekong Cooperation (LMC) countries will hold talks this week in Cambodia aiming to enhance cooperation among the six nations. Prime Minister Thongloun Sisoulith will lead a Lao delegation to the 2nd LMC Leaders’ Meeting in Phnom Penh, the Foreign Ministry said in a press release. The two-day visit to Cambodia from January […]
Read MoreTEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said the government hopes that 13 industrial zones in the country are expected to attract Rp250.7 trillion worth of investment in 2018. “The government has provided improved investment facilities in the industrial zones, among others, through fiscal and non fiscal incentives and the formation of task forces to make available gas […]
Read MoreBANGKOK (BLOOMBERG)- The company with the biggest grip on Thailand’s brick-and-mortar retail market is expecting a partnership with China’s JD.com Inc to help it do the same in online sales. Central Group, which controls Thailand’s biggest operator of shopping malls and department stores, expects online sales to account for as much as 15 per cent […]
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Thailand
