Deepening tax cooperation is conducive to trade and investment liberalisation, where it is able to build a growth-friendly tax environment to shape a fair, modern and transparent international tax system, a belief expressed by the 16-member Heads of Delegations (HoDs) of the Study Group on Asian Tax Administration Research (SGATAR). The group agreed on this […]
Read MoreSingapore-listed company Memories Group Ltd yesterday launched three new hotels in Myanmar, located in Mawlamyaing, Yangon and Mergui, respectively, even as tourist numbers dip and occupancy rates fall across the country. The 72-room, 3-star Hotel Suggati will be Mawlamyaing’s newest hotel and is being positioned as a business hotel. Mawlamyaig is the fourth largest city […]
Read MoreAd spending this year is estimated to grow 3.5% to 89.5 billion baht, with out-of-home (OOH) and online recording the highest ad growth of 23% and 21% respectively, says ad service provider Media Intelligence (MI). The girl group BNK 48, Love Destiny, Wife 2018, the World Cup and Asean Games have propelled the advertising business. MI […]
Read More[JAKARTA] Indonesia’s government is tightening requirements to force companies to repatriate revenue from the export of natural resources, a minister said on Friday, as authorities seek to support a fragile rupiah currency. Special accounts will be created for exporters to deposit export revenue at local banks to allow for better monitoring by the government, Darmin […]
Read MoreMANILA: The Philippine central bank raised its benchmark interest rate for a fifth straight meeting to curb inflation, joining Indonesia in tightening monetary policy yesterday. Bangko Sentral ng Pilipinas increased the overnight reverse repurchase rate by 25 basis points to 4.75%, the highest since 2009, it said in a statement in Manila. Rates have been […]
Read MoreSINGAPORE and the US strengthened their collaboration on infrastructure, the digital economy and cybersecurity this week, renewing the US-Singapore Collaboration Platform Memorandum of Understanding (MOU) and signing a Declaration of Intent (DOI) to collaborate on a Singapore-US Cybersecurity Technical Assistance Programme for Asean member states. On Tuesday, Ministry of Trade and Industry (MTI) permanent secretary Loh […]
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Thailand
