KUALA LUMPUR: Datuk Seri Najib Tun Razak has reiterated that Malaysia would not go bankrupt as it had managed to reduce its debt to 50.4% against the self-imposed ceiling of 55% and had garnered higher foreign reserves, while works on infrastructure projects are in full swing. The Prime Minister said the government had made bold […]
Read MoreTHAILAND and Cambodia are working towards the goal of trade flows between the neighbours reaching US$15 billion in 2020, a jump of almost 10 per cent from the US$6.16 billion booked in 2017, a senior Thai trade official said on the eve of the sixth meeting of the Joint Trade Committee (JTC) today. BRISK BUSINESS […]
Read MoreMANILA, Philippines — The newly enacted tax reform law may raise inflation by 0.7 percentage points in the first year of its implementation, a level which is considered “minimal and manageable,” according to the Department of Finance (DOF). Finance Undersecretary Karl Kendrick Chua said the Tax Reform for Acceleration and Inclusion (TRAIN) Act—particularly the provision […]
Read MoreFinance Ministry’s Directorate General of Taxation introduced on Wednesday a tax data integration system that aims to improve taxpayer data transparency, with state-owned energy company Pertamina becoming the first participant of the system. Minister Sri Mulyani Indrawati said in Jakarta on Wednesday that with the system, all transactions would be quickly recorded and carried out […]
Read MoreSpeculation has been rife over the level of duties involved in the import and export of gold since the trade was liberalised last month, allowing gold to move freely in and out of the country via air, sea and border routes. Although the authorities have yet to make any announcements, industry insiders reckon a 15 percent […]
Read MoreBank Indonesia and the government agreed on five measures to maintain inflation at between 2.5 and 4.5 percent in 2018 on Monday. “The meeting of the National Inflation Control Coordination Center has agreed to five strategic measures, including maintaining volatile food prices” said BI spokesman Agusman in Jakarta as reported by Antara.. BI and the government […]
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