The Hanoitimes – Approximately 50-60 percent of total FDI firms reported losses, meaning they didn’t have to pay CIT, while revenues from the FDI sector had been growing strongly. Tax authorities will enhance the inspection on foreign direct investment (FDI) enterprises, which reported big and prolonged losses, and had large associated transaction value. Under a written […]
Read MoreMANILA, Philippines — The Philippines and Indonesia have agreed to strengthen their cooperation against smuggling, a move seen to pave the way toward improved regional efforts against illicit cross-border trade, according to the Department of Finance (DOF). In a letter, Finance Secretary Carlos Dominguez and Indonesian Finance Minister Sri Mulyani Indrawati said they are both open to work with their countries’ respective customs […]
Read MoreGENEVA: Thailand has failed to comply with a World Trade Organisation ruling against its regulations on cigarette imports, a WTO dispute panel said on Monday, the first of two legal cases brought to the Geneva-based watchdog by the Philippines. Either side can appeal the ruling, which concerned valuation of cigarettes imported by Philip Morris Thailand Limited from Philip […]
Read MoreThe Hanoitimes – The deal is reportedly worth VND2.27 trillion (US$101 million), for which Arnolis Investment will hold an 8.87% stake of Masan Group, or an equivalent of 103.15 million shares, according to the Ho Chi Minh Stock Exchange (HoSE). Arnolis Investment Pte, a Singaporean government-run investment fund, has bought an additional of 27.41 million shares […]
Read MoreGovernment officials and private sector leaders on Friday reiterated their calls for all small and medium-sized enterprises to join the regulatory fold. Public officials and representatives of employers’ organisations assured business owners that the recently announced tax incentives are not a “trap” and that registering with the tax department will only help boost their bottom […]
Read MoreFlag carrier Garuda Indonesia has recorded the best on time performance (OTP) in the Asia Pacific with 90.4 percent of its 15,000 flights in October landing on time, according to official airline guide Flight View. Its results in October surpassed its performance in September, when it recorded 90 percent OTP arrivals, making the big five […]
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Thailand
