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Thailand: Land tax law’s date uncertain

The Finance Ministry says it will push the draft bill on the land and buildings tax for lawmaker approval during the Prayut Chan-o-cha government, but the law’s enforcement may be delayed from the scheduled start at the beginning of 2019.  Whether or not the law’s enforcement will be pushed back will depend on the readiness of […]

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Cambodia: Slight increase in trademark registration

The Ministry of Commerce saw a slight rise of 2 percent in trademark registration in the first half of 2018, with applications increasing by 16 percent, said an official yesterday. Op Rady, director of intellectual property at the Ministry of Commerce, told Khmer Times the ministry has approved 1,871 trademarks in the first half of the year, […]

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Philippines: P2.8-B revenue loss seen from lower tariffs

Lower tariffs on chicken and fish products could result in nearly P3 billion in potential revenue losses for the government, a senior Finance department official said. “For two products (chicken and fish) it’s about P2.8 billion,” Finance Undersecretary Gil Beltran told reporters when asked about the potential revenue loss if tariffs were reduced to a uniform 5 […]

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Thai central bank plays it cool while emerging markets worry about Turkey

BANGKOK: While Turkey is stoking the heat at emerging-market central banks already pressured by global monetary-policy tightening, Thailand is playing it cool. Countries such as Indonesia and India were already raising interest rates as their currencies weakened, even before Turkey’s travails fanned talk of contagion. Thailand, in contrast, is proving more resilient, aided by flush […]

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Thailand: PM calls for a digital ecosystem for region

HIGH ECONOMIC GROWTH RATE AND ADOPTION OF TECH MAKES ASEAN ATTRACTIVE: SONTIRAT PRIME MINISTER General Prayut Chan-o-cha has urged policymakers and entrepreneurs in Southeast Asia to develop and nurture a digital trade ecosystem as information technology in the region takes off.  Delivering the keynote speech on the topic of “CLMVT Taking-Off Through Technology”, Prayut praised […]

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