MANILA, Philippines — The Department of Finance (DOF) has issued a new circular which clarifies the rules and guidelines for the imposition and collection of taxes and fees from professionals, in line with the government’s thrust to improve the ease of doing business in the country. Finance Secretary Carlos Dominguez issued last June a Local […]
Read MoreIN A move to enable Singapore real estate investment trusts (S-Reits) to better compete against private capital and foreign Reits when making real estate acquisitions, the Monetary Authority of Singapore (MAS) is considering raising their current leverage limit of 45 per cent. Leverage, defined as the debt-to-asset ratio, measures how well-capitalised a company is. The […]
Read MoreNEW DELHI: Malaysian palm oil futures rose on Tuesday, in line with rival soyoil, but estimates of higher output and sluggish exports by the world’s top producers limited gains. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange closed up 0.46%, or 9 ringgit, at 1,967 Malaysian ringgit ($475.47) per tonne. On Monday, […]
Read MoreTEMPO.CO, Jakarta – The government plans to increase electricity tariffs for 12 non-subsidized groups starting in 2020. Thepolicy is expected to reduce the government’s financial burden in the State Budget (APBN). According to regulations, electricity tariff adjustments should be carried out every three months; referring to changes three production cost (BPP) components, which are the rupiah-to-US dollar exchange rate; inflation, […]
Read MoreMANILA, Philippines — Factory gate prices grew at a slower pace in May primarily due to easing prices of food manufactures, basic metals and chemical products, the Philippine Statistics Authority (PSA) said yesterday. The Producer Price Index (PPI) for manufacturing rose at a slower pace of 2.7 percent in May from 3.6 percent in April, […]
Read MoreResidents in gas-producing regions like Tanintharyi are questioning why they still have to pay higher rates instead of being covered by the national grid. The government hiked electricity tariffs last week, and the new rates took effect on July 1. While consumers of residential and religious buildings will be charged the previous rate of K35 […]
Read More
Thailand
