Active bond trading and new debenture issuance are expected before the 15% withholding tax imposed on fixed-income funds takes effect on Tuesday, in order to avoid the latest tax tweak aimed at reducing inequality. Trading liquidity of debt securities is expected to dwindle in the secondary market after the effective date, since fixed-income funds make […]
Read MoreThe Hanoitimes – Vietnam, along with Singapore and Indonesia, has been named as the top countries where organizations see Belt and Road Initiative opportunities, according to PricewaterhouseCoppers. In the first half of 2019, Vietnam drew US$1.6 billion from investments related to China’s Belt and Road Initiative (BRI), ranking fourth among Southeast Asian countries, according to a […]
Read MoreSINGAPORE – Singapore’s economic growth may have slowed significantly this year but the current situation does not warrant stimulus measures just yet, Prime Minister Lee Hsien Loong said on Sunday (Aug 18). If the situation gets much worse, however, the Republic will “promptly respond with appropriate interventions to sustain the livelihoods of our workers”, he […]
Read MoreFROM helping older workers stay employed to tackling climate change, Prime Minister Lee Hsien Loong addressed major issues for Singapore’s future in Sunday night’s National Day Rally – while noting that the current economic slowdown does not warrant stimulus measures, for now. To help older workers keep working and be more financially independent, the retirement […]
Read MoreKUALA LUMPUR: Maybank Kim Eng Group says a recession in 2019 is unlikely but there is a possibility of it happening in the second half of 2020. Its economist Lee Ju Ye was one of three panellists at Maybank Investment Bank Bhd’s (Maybank IB) second half 2019 market outlook (2H2019) on Saturday. “Trade-oriented economies will […]
Read MoreAll eyes are on this week’s meeting of the Asean Telecommunication Regulators’ Council (ATRC) in Bangkok, watching for clues as to whether it will usher in joint guidelines that will get tough on over-the-top (OTT) operators, particularly where taxation is concerned. OTT refers to digital applications or services operated over internet networks. The rise of […]
Read More
Thailand
