Analysts are pointing to Finance Ministerial Regulation No. 19/2018, which was recently issued by Finance Minister Sri Mulyani Indrawati, as technical guidance to support global transparency in taxation. Economist Bawono Kristiaji said the regulation supported the implementation of the Automatic Exchange of Information (AEOI) agreement, which was signed by 100 countries, including Indonesia. “This regulation […]
Read MoreLowering corporate income taxes as proposed in the draft of the second package of the Comprehensive Tax Reform Program (CTRP) by the Department of Finance (DOF) would be cinch. More than being a campaign promise by the elected President in 2016 to the business community, it would simply bring the 30 percent CIT paid by […]
Read MoreVientiane authorities uncovered nine duplicate-funded development projects in 2017, resulting in the government losing 4.9 billion kip, according to the capital’s recently published annual report. The problem involves Vientiane or provincial departments initially requesting funding for development projects from the government, which takes a long time to approve. In the meantime, some departments obtain funding […]
Read MoreOperations in Myanmar are necessary for any regional cross-border trade network in ASEAN. Japan’s largest door-to-door delivery business will start offering warehousing, cross-border transport and freight forwarding services in Myanmar very soon, as the country is increasingly integrated with the regional supply chain. Tokyo-headquartered delivery giant Yamato Group, through its Singapore-based subsidiary Yamato Asia Pte Ltd, […]
Read MoreThe trend for Bangkok’s residential property prices remain positive, in line with the economic recovery and improved purchasing power, says DDproperty, a leading online property portal. DDproperty Property Index said Bangkok’s residential property prices increased throughout 2017 and have risen by over 100% since 2015. In the last quarter of 2017, the price index climbed […]
Read MoreGAINS in private consumption helped to boost the economy in a sign that consumers are increasingly more confident on the prospects of a sustained recovery, the Finance Ministry says. Pornchai Theeravej, finance and economics adviser to the Fiscal Policy Office (FPO), yesterday said that private consumption, both domestic and from abroad, was a key factor […]
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