DESPITE the ongoing Rakhine crisis and intensification of conflicts that may impact on the performance of the tourism sector and investor sentiment, Myanmar’s economy is slowly picking up speed and regaining stability after a volatile 2018, and that could continue if the country invests wisely and inclusively, says a new report by the World Bank. […]
Read MoreKUALA LUMPUR: Malaysia’s central bank, which has already downgraded its economic growth outlook for this year amid an escalating trade war, sees a partial offset as companies shift operations from China to sidestep higher U.S. tariffs. In her first formal interview with the international media since she took office almost a year ago, Governor Datuk […]
Read MoreMANILA, Philippines — The Philippine peso could come under pressure anew on the back of the country’s “worsening” external position, a London-based think tank said, adding that the central bank would likely “tread cautiously” as it cuts rates amid gloomy outlook on the local currency. In a commentary sent to reporters Monday, Capital Economics Asia […]
Read MoreRECENT changes to the Thai Revenue Code (TRC) will result in mutual funds being subject to income tax at 15 per cent on their gross income from August 20, 2019, 90 days from the date of publication of these changes in the Royal Gazette. The TRC Amendment Act No 52 (Amendment Act), published in the […]
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