SINGAPORE: The Goods and Services Tax (GST), also known as the Value-Added Tax (VAT), has been implemented in most countries globally as a source of revenue. Malaysia, is thus, no exception. Depending on the country, the rate can be as high as 28 per cent and Malaysia is among those to have implemented the consumption […]
Read MoreTRANSACTIONS involving cryptocurrencies, including digital tokens, will be subject to a 15 per cent withholding tax under a measure approved by the Cabinet yesterday. Finance Minister Apisak Tantivorawong said the Cabinet approved the draft bill on digital asset business – after it was examined by the Council of the State – before forwarding it for […]
Read MoreThe Hanoitimes – Vietnam`s GDP growth rate in the first quarter of 2018 is expected to reach a 10-year high with over 7%, stated in a report of the Ministry of Planning & Investment (MPI) on March 27. Industry – construction, as stated in the report, are considered the driving force for economic growth with increasing […]
Read MoreGood corporate governance is what attracts investors, such as International Financial Corporation (IFC), for companies, according to the findings revealed by the latest transparency report. The report also points to the very poor disclosure record and absence of corporate governance by companies which are registered at Directorate of Investment and Company Administration (DICA) as “public” companies, […]
Read MoreDespite technology disruption, Central Department Store remains upbeat that Thai department stores will survive, boosted by growing tourism and seamless offline and online integration by existing operators. Piyawan Leelasompop, the company’s executive vice-president for marketing, said the department store segment will never die and its prospects are expected to outstrip the country’s GDP growth. “We will […]
Read MoreTEMPO.CO, Jakarta – Grab is projected to strengthen after taking over Uber`s assets in Southeast Asia. The lower number in the market of online-based transportation service which left only Grab and Go-Jek might spark market control domination or oligopoly following the acquisition of Grab to Uber in Southeast Asia. Institute for Development of Economics and Finance (Indef) expert Bhima […]
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Thailand
