The Revenue Department is in discussions with the Fiscal Policy Office on the conditions for shopping tax refund on shopping expenses during the festive season, expected to start from December 15. Revenue Department’s director general Ekniti Nitithanprapas said yesterday that Finance Ministry departments expect to finalise the draft on tax incentives for shopping early next […]
Read MoreThe government is reducing the use of fuel and gas for electricity, a policy that is stipulated in a revision of the Electricity Procurement Plan (RUPTL) from 2019 to 2028, which is being discussed by the Energy and Mineral Resources Ministry and state-owned electricity company PLN. The policy is part of a wider effort to […]
Read MoreFor the second year running, people aged between 21 and 30 are the biggest group of investors in Indonesian equities, data from the nation’s stockexchange show. A campaign last year to hold contests and pop concerts on the trading floor of the bourse has helped boost the number of retail investors by 40 percent to more […]
Read MoreCHIN state’s underdeveloped infrastructure presents great opportunities for domestic and foreign investors if they do their homework, says a report that looks into business prospects in Myanmar’s poorest region. Min Zaw Oo, director of Chin State at the Directorate of Investment and Company Administration, said investors should not hesitate to invest in Chin state where […]
Read MoreMANILA, Philippines — Almost a month after the interagency National Food Authority (NFA) council gave its nod, rice importation by supermarkets remains slow and still way below the 350,000 metric tons allocation. Agriculture Secretary and NFA Council chairman Emmanuel Piñol said of the allocated volume, only 15,000 MT has been approved which was applied by […]
Read MoreSINGAPORE: Singapore fuel oil inventories jumped 13 percent to a four-week high in the week ended Nov. 21, despite an 18 percent drop in net imports to a two-week low, official data released on Thursday showed. – The higher inventory levels were in line with market expectations of increased arbitrage flows into Singapore in November, compared with the […]
Read More
Thailand
