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Philippines: DOF pushes uniform 5% royalty rate for mining

MANILA, Philippines — The Department of Finance (DOF) has appealed for the Senate to adopt its original proposal for mining fiscal reforms, which is projected to raise about P7.2 billion in additional revenues in the first year of its implementation. In a statement, the DOF said it has made a last-minute appeal to the Senate […]

Thailand: Siam Piwat plans 2 megamalls

Siam Piwat Co, the operator of Iconsiam and Siam Paragon, will spend 70 billion baht during 2019-23 to develop two large-scale malls and acquire office towers and logistics centres as it aims for 51-63 billion baht in revenue by 2023. Chief executive Chadatip Chutrakul said 90% of the five-year investment budget will be spent on development […]

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Philippines: DOF pushes uniform 5% royalty rate for mining

Thailand: Siam Piwat plans 2 megamalls