The government plans to revoke the limitation on the number of franchise outlets of convenience stores as well as food and beverage outlets to accelerate investment in retail business. But the Indonesian Employers Association (Apindo) warns that such a policy could affect local retail business, including small shops. “In the revision, there will no longer […]
Read MoreIn a long awaited move, foreign insurance providers have finally been given the green light to operate in Myanmar, according to the Ministry of Planning and Finance (MOPF) yesterday. The MOPF’s announcement No1/2019 officially permits companies wishing “to operate the business of insurance, underwriting agency or insurance broking with foreign investment” to open for business […]
Read MoreThailand’s annual headline inflation rose to a four-year high in 2018, boosted by energy and house rent, but the rate still moved in the target range set by the government. The Trade Policy and Strategy Office under the Commerce Ministry reported Wednesday that headline inflation, gauged by the increase in the consumer price index (CPI), was […]
Read MoreMANILA, Philippines — Inflation may fall below six percent at 5.5 percent in December amid easing food and oil prices, according to Dutch financial giant ING Bank. Nicholas Mapa, senior economist at ING Bank Manila, said inflation index heavyweights food and energy-related sub-indices may pull inflation below the six percent level as supply chains normalize and global energy prices plunged faster in November. “The […]
Read MoreAlthough 2019 is expected to see a repeat of the previous year’s challenges, some sectors have a rosier outlook than others. The Jakarta Post looks at the prospects of the 2019 economy to see the potentials amid challenges posed by the global environment. Compiled by Marchio Irfan Gorbiano, Norman Harsono, Rachmadea Aisyah, Riska Rahman, Riza Roidila Mufti, […]
Read MoreDouble taxation agreements with China, Brunei and Vietnam came into effect Tuesday with the New Year, with experts saying they will bolster trade and attract investment. The agreement with China on the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income was signed on October 2016. Similar DTAs […]
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Thailand
