MANILA, Philippines — The Department of Finance (DOF) remains keen on pushing for reforms to increase the excise tax rates on alcoholic beverages under Package 2 Plus of the Comprehensive Tax Reform Program (CTRP). According to documents acquired by reporters, the DOF is proposing for an increase in the tax rates on all types of alcoholic beverages, including distilled […]
Read MoreThailand urgently needs to solve the prolonged skilled labour shortage because the country is facing technological disruption and the labour supply does not meet the demands of most companies, says recruitment agency ManpowerGroup. As the government upgrades the country’s industrial and business sectors from 2.0 to 4.0 with new technology and innovations, the labour market has […]
Read MoreREVISED investment laws in Myanmar have been welcomed as offering greater opportunities for Thai companies of all sizes to move into wholesale and retail businesses across the border. Pakainay Leng-ee, minister counsellor at the Thai embassy’s office of commercial affairs in Yangon, yesterday said Thai companies could have ownership in wholesale and retail businesses of […]
Read MoreKUALA LUMPUR: The cancellation of the East Coast Rail Link (ECRL) project was a necessary move as Malaysia “cannot afford it” at the moment, said independent macro analyst Prof Dr Hoo Ke Ping. “I wouldn’t say that it is a bad investment, but the time is not right. “Our financial position does not allow for […]
Read MoreThe Indonesian Biofuel Producers Association (Aprobi) has said it welcomes Presidential Regulation (Perpres) No. 66/2018 mandating the use of 20 percent blended biodiesel ( B20 ), but has called for clear specifications on the production allocation for B20 fuel. Coordinating Economic Minister Darmin Nasution had said earlier that President Joko “Jokowi” had signed the Perpres, which will come into effect […]
Read MoreThe Hanoitimes – The airline is expected to launch its first flight on October 10, while offering air tickets for flights starting September 2. Vietnam’s Ministry of Transport (MoT) is seeking Prime Minister Nguyen Xuan Phuc’s authorization in giving aviation license to Bamboo Airways, helping the startup airline move closer to the official take-off, VnExpressreported. According to the MoT, […]
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