2018-01-19t113759z_1608252270_rc18f327dad0_rtrmadp_3_markets-bitcoin-india-taxes_0
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Singapore says no strong case to ban cryptocurrency trading

[SINGAPORE] Singapore’s central bank has been studying the potential risks posed by cryptocurrencies, but there is as yet no strong case to ban trading of the digital coins in the city-state, Deputy Prime Minister Tharman Shanmugaratnam said. “Cryptocurrencies are an experiment. The number and different forms of cryptocurrencies is growing internationally. It is too early […]

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Philippines: Investments approved by BOI up 538% in Jan

INVESTMENT projects approved by the Board of Investments (BOI) in January increased 538 percent to P51.3 billion from P8 billion a year earlier. In a statement on Monday, BOI said renewable energy (RE) projects made up the bulk of these investments, at P27.43 billion, followed by water-supply and distribution facilities at P13.87 billion. Manufacturing investments […]

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Cambodia: CBC says growth of credit charging ahead

Credit Bureau Cambodia (CBC) yesterday released its report for the fourth quarter of 2017, which showed significant growth in applications for credit, particularly in the credit card and mortgage sectors. The bureau reported a 19 percent increase in applications for credit compared to the third quarter of last year, which surpassed the third quarter growth […]

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Laos: Govt hikes fuel tax

The government has imposed more taxes on fuel and other goods and services as authorities increase efforts to collect additional revenue to meet set targets. The Ministry of Finance’s Taxation Department announced recently that the excise tax on super grade gasoline has risen from 35 percent to 39 percent. The excise tax rates on regular […]

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