The imposition of a capital gains tax on equity investments is being studied, including input from academics, but whether it will be enacted rests with the government, says the head of the Revenue Department. The Revenue Department must consider the pros and cons of taxing gains from selling shares, said Ekniti Nitithanprapas, director-general of the […]
Read MoreThe Thailand economy’s slowing growth has impacted the credit card spending of Bangkok Bank cardholders. The bank’s credit card spending in the first half of this year grew by only 6-7 per cent compared to 10 per cent for the same period of last year, according to Shoke Na Ranong, the executive vice president and […]
Read MoreIn response to growing investors’ interest in Myanmar’s finance sector amid on-going market liberalisation, key players in the microfinance industry gathered on Tuesday at an event in Yangon, the nation’s hub of commerce. Phyu Yamin Myat, general secretary of Myanmar Microfinance Association, told the first-ever Microfinance Success Asia event in the country that foreign businesses […]
Read MoreForeign investors are being encouraged to take advantage of the double benefits Vietnam is offering through its commitments to many trade pacts signed with other countries. Foreign investment in Vietnam is expected to increase significantly now that the country has signed two important trade deals – the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) […]
Read MoreAs the number of Japanese expatriates in Thailand decreased to lower than 20% of total expats for the first time in 2019 and dropped 4% year-on-year to 34,133 as of April 2019, a change in demand is seen and its impact on the rental apartment sector in Bangkok is felt, despite a healthy performance. Typically, […]
Read MoreTHE Asean+3 Macroeconomic Research Office (AMRO) on Tuesday kept its Philippine economic growth forecasts for this year and next despite seeing anemic factory and export output in the region. In the July update of its Asean+3 Regional Economic Outlook, AMRO maintained its gross domestic product (GDP) growth projection for the country at 6.3 percent for […]
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Thailand
