WITH ITS INITIAL success constructing the Bt150 billion Xayaburi Hydroelectric Power Project in Laos, CK Power Plc is negotiating with the Laos government to build another hydroelectric power projects worth over Bt150 billion. A final deal is expected to be signed by the middle of this year, the company’s managing director, Thanawat Trivisavet, said during […]
Read MoreThailand could crack the top 20 of the World Bank’s Ease of Doing Business ranking for 2019 after it managed to jump to 26th-most business-friendly nation in the 2018 ranking, says Prime Minister Office Minister Kobsak Pootrakool. Thailand’s scores in the World Bank’s ranking were weak in some areas, such as dealing with construction permits, […]
Read MoreThe Board of Investments (BoI) is aiming to approve P680 billion worth of investments this year, 10 percent higher than last year’s record P617 billion, a senior Trade department official said on Monday. “We are targeting P680 billion [in]investments this year. We continue to collaborate and monitor those investors who have expressed interest to invest […]
Read MoreTEMPO.CO, Jakarta – Coordinating Economy Minister Darmin Nasution admitted that the problem of data on harvested area and rice production has various differences. Therefore, Darmin said, the government asked the Central Statistics Agency (BPS) in cooperation with the Assessment and Application of Technology (BPPT) to make data collection and estimation on the area of planting and harvesting and rice […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) said employees of regional operating headquarters (ROHQ) would no longer enjoy special tax rates on their gross income under the new tax reform law. In an interview, Finance Secretary Carlos Dominguez said the 15 percent special tax rate on the gross income of employees of ROHQs is […]
Read MoreMANILA, Philippines — The Asian Development Bank (ADB) said the Tax Reform for Acceleration and Inclusion (TRAIN) Law is a necessary revenue collection reform to shore up revenue for vital government expenditure. The tax reform law which was implemented beginning this month lowers personal income taxes but imposes higher tax on fuel, automobiles, sugary beverages […]
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