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Philippines: Two-tier rates for delinquent taxpayers eyed

MANILA, Philippines — The Department of Finance (DOF) said it is eyeing a two-tier tax rate for delinquent taxpayers under the proposed tax amnesty program. In a speech before the Rotary Club of Manila, Finance Secretary Carlos Dominguez said the government is pushing for a general amnesty program on all unpaid internal revenue taxes, excluding […]

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Alibaba to continue to invest in Malaysia

HANGZHOU: The review of China-related projects in Malaysia has not faltered e-commerce giant Alibaba Group’s plans to continue to invigorate investments in Malaysia. Alibaba Group Malaysia chief representative James Song said as a commercial company it will be investing a lot in Malaysia, insisting the group pays a lot of attention to Malaysia-China bilateral relations. […]

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Connecting the AEC

Southeast Asia in the digital era is more attractive than ever, thanks to a large young population and growing economies. Large businesses are embracing new technologies and competing with a more intense customer focus to be more relevant to their consumers.  As well, the benefits of regional integration under the Asean Economic Community (AEC) framework are […]

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Foreign investors eye Vietnam’s food processing industry

The Hanoitimes – Steady growth and preferential policies have made Vietnamese food processing industry increasingly attractive to foreign investors. Vietnam, with more than 94 million consumers and an abundant material source, has recently witnessed many merger and acquisition (M&A) deals in the food processing industry. VinaCapital Vietnam Opportunity Fund (VOF), the flagship fund of VinaCapital, has […]

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Cambodia, Thailand end cross-border rail transport talks

Cambodia and Thailand on Friday concluded negotiations on the transport of goods and people by train across their shared border, with an official agreement expected to be signed in upcoming months. The ball is now on Thailand’s court, according to Cambodian officials, who said they are now waiting on their Thai counterparts to hold internal […]

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Go-Jek confirms expansion to Singapore

Go-Jek spokesman Michael Reza Say says the homegrown ride-hailing app will expand its business to Singapore this year, following moves to Vietnam and Thailand. “We will [expand to Singapore] this year, but we can’t give any details about it yet,” he said on Friday as quoted by Tempo. According to its website, the Indonesian ride-hailing […]

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