MANILA, Philippines — The House of Representatives is rejecting the Department of Finance (DOF) proposal for an increase of more than 300 percent in the road user’s tax, which the government collects from motor vehicle owners. “If we adopt the DOF bill, we will have 11 million more enemies,” Albay Rep. Joey Salceda, who is […]
Read MoreSpeaking at the closing press conference of the week-long 51st Asean Economic Ministers and related meetings on Tuesday, Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said that Asean and the six partner countries in the Regional Comprehensive Economic Partnership (RCEP) have agreed to conclude RCEP negotiations by the end of this year and have […]
Read MoreAmong the key measures included in “Thailand Plus Package”, a new package drawn up to attract foreign investment, is the easing of procedure for foreign investors in applying for visa and work permit. Citing a Cabinet decision on September 10 approving the new measures, Phalang Pracharat spokesman Kobsak Pootrakool said under the new package, foreign […]
Read More[JAKARTA] SoftBank-backed ride hailer Grab is in talks to merge OVO, an Indonesian digital payments firm in which it owns shares, with an Ant Financial-backed local peer to build heft and power ahead of archrival Gojek, people familiar with the matter said. A deal would see Singapore-based Grab buy a majority interest in Ant-backed DANA […]
Read MoreThailand ranked 25th out of 64 destinations to live and work worldwide in the Expat Insider 2019 survey by InterNations. The survey provides in-depth information about expats’ satisfaction with quality of life, ease of settling in, working life, personal finance, cost of living and family life in their country of residence. Published for the sixth […]
Read MoreAs Exports Rise For 4th Straight Month MANILA, Philippines — The country’s trade deficit narrowed to $3.39 billion in July as exports rose and imports of goods crucial to production fell, the Philippine Statistics Authority (PSA) said yesterday. Total external trade in goods in July fell by 1.3 percent to $15.74 billion from $15.95 billion […]
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