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Indonesia plans tax changes to drive output, exports of greener cars

JAKARTA: Indonesia plans to revise its luxury tax scheme for cars to encourage production of environmentally friendly vehicles and to help promote Southeast Asia’s biggest economy as a regional hub for exports, ministers said on Monday. During a consultation with a parliamentary committee, Finance Minister Sri Mulyani Indrawati said Indonesia aimed to overhaul its existing scheme so charges were no longer based on engine […]

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Malaysia: Slight uptick in January job data

KUALA LUMPUR: Malaysia recorded a slight increase in the labour force participation rate at 68.6% while the unemployment rate remained at 3.3% in January 2019, according to the Statistics Department. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said on Monday the labour force participation rate in January 2019 increased by 0.1 percentage point to 68.6% on-month and increased by 0.4 […]

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Thailand: Ensuring a comfortable nest egg

Most retirees rely on savings accumulated over their working life, but longer life expectancy and higher costs of living could fan fears that the nest egg will come up short.  Working out how much money is sufficient for retirement depends on the spending behaviour, lifestyle and financial burden of each individual, but a good method […]

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Cambodia: Form D issuance services launched

The Ministry of Commerce on Saturday held a ceremony in Kratie to mark the launch of D form issuance services in the provincial commerce departments of Tboung Khmum, Kratie, Stung Treng and Mondulkiri. The government says delegating the issuance of the ‘D form’ of the certificate of origin to provincial authorities facilitates trade with neighbouring […]

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Asean trade window tops agenda

CONCLUDING THE Regional Comprehensive Economic Partnership (RCEP) negotiations and fully implementing the Asean Single Window (ASW) for all 10 Asean members by the end of this year are Thailand’s two top economic priorities as Asean chair, according to a senior official from the Commerce Ministry’s Department of Trade Negotiations (DTN). “To counter the rise of […]

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