Asian currencies may be on the verge of a correction after completing the best year in at least two decades. The warning sign? Indonesia’s rupiah slumped to a two-year low last week. The rupiah is seen as a bellwether of sorts for Asia given the high foreign ownership of the nation’s bonds. The currency is […]
Read MoreTo increase competitiveness and enrich the lives of its citizens, Cambodia aims to have transitioned into a predominantly digital economy by 2023, according to an official from the Ministry of Posts and Telecommunications. “By 2023, we plan to transform the country into a digital economy in which most citizens will be adept at using digital […]
Read MoreINFLATION accelerated to an over three-year high in February, the government reported on Tuesday, with higher food, beverage and tobacco prices said to have been the primary drivers. Using 2012 as the new base year, the Philippine Statistics Authority (PSA) said that consumer price growth rose to 3.9 percent last month, up from January’s 3.4 […]
Read MoreThe government has launched a Development Assistance Policy (DAP) under which it aims to more effectively and transparently channel aid funds provided by international agencies to where they are needed. Over the years, Myanmar has received billions in international aid and assistance from the likes of International Partners in Development, United Nations and other international […]
Read MoreA draft bill on e-business tax, a levy on online purchases, advertisements and website rent in Thailand earned by operators with a presence outside the country, will go before the cabinet this month. The draft will require online business operators with a foreign presence to remit value-added tax (VAT) from transactions occurring in Thailand to […]
Read MoreTEMPO.CO, Jakarta – Labor Minister Hanif Dhakiri said the government plans to simplify the foreign workers’ employment (TKA) permit and promised to tighten the supervision. Hanif explained that one of the plans is to remove the recommendation terms from a particular ministry or institution. “The recommendation will be eliminated because so far it takes a long time enough,” […]
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Thailand
