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Stiglitz: Good taxes can spur Malaysia’s economic growth

PUTRAJAYA: There are many kinds of good taxes that could be introduced to stimulate Malaysia’s economy in order to create a fair society as it strives to tide over its RM1 trillion debt, said Nobel prize-winning economist Joseph Stiglitz (pic). He cited them as inheritance taxes, capital gain taxes and property taxes for large holding properties, which were actually good for […]

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Thailand – Moody’s: New BoT rules rate as credit-positive

The Bank of Thailand’s new rules to tighten mortgage lending are credit-positive to reduce property speculation, says Moody’s Investors Service.  “The new mortgage-lending rules are credit-positive because they will help to reduce speculative buying and require banks to focus on borrowers with better credit quality,” said Moody’s.  “We expect the measures to improve the asset […]

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