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Thailand: Back tax probe threat on the table

The Revenue Department is warning 3 million individuals and 200,000 corporate firms to enter the formal tax system or risk facing backdated tax payment probes. People and companies should enter the tax system as soon as possible because the department’s tax database will soon be connected to related agencies so that probes of backdated tax […]

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Philippines: Higher inflation pulls down share prices

MANILA, Philippines — Share prices continued to slide yesterday as higher-than-expected inflation results as well as the on-going US-China trade talks pulled down the market. The benchmark Philippine Stock Exchange Index(PSEi) dropped by 0.32 percent or 25.02 points to 7,790.91, while the broader all shares index closed 0.36 percent or 17.18 points lower to 4,640.63. […]

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Thailand: Port links to EEC to go ahead

The authorities are going ahead with a new project that will facilitate transport to the Eastern Economic Corridor (EEC) by expanding an expressway network linking Klong Toey with Laem Chabang. A bid will be called late next year for the 9-billion baht project — a key infrastructure development set to benefit industries in Chon Buri, […]

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