Finance Minister Sri Mulyani Indrawati has expressed concern about a slowdown in tax revenue this year. By the end of May, the state had collected Rp 727.7 trillion (US$51.52 billion) from taxes and customs, or 31.9 percent of the full-year target stipulated in the 2019 state budget. That marked a year-on-year (yoy) increase of only […]
Read MoreMyanmar is well-positioned to benefit from the flight of capital to the Asean region as the trade war between China and the US plays out, officials said. ‘’Myanmar is one of the targeted countries for businesses planning to shift out of China to avoid the fallout from the trade war,” Li Fuquan, the Chair of […]
Read MoreDirect flights between Cambodia and Indonesia officially began on Friday, and the Kingdom expects to attract more tourists from the world’s largest Islamic country. A Citylink plane landed at Phnom Penh International Airport on Friday afternoon with 67 passengers. Citilink, a subsidiary of Indonesia’s Garuda Airlines, will operate direct flights between Jakarta and Phnom Penh […]
Read MoreThe export of lifestyle products from Thailand this year is expected to grow 3 per cent from the value of almost Bt400 billion last year, according to the Export Promotion Department’s forecast. However, the growth this year will be lower than for last year’s 6.6 per cent as the global economy is slowing down, said […]
Read MoreSYNAGIE Corporation subsidiary Synagie Sdn Bhd has been appointed by the Malaysia Digital Economy Corporation (MDEC) as a cross-border e-commerce initiative partner for its seller adoption programme under the National eCommerce Strategic Roadmap. MDEC is a government agency which falls under Malaysia’s Ministry of Communications and Multimedia. It is responsible for driving Malaysia’s digital economy […]
Read More[JAKARTA] Indonesia’s foreign trade surprisingly swung back to a surplus in May, against market expectations of an US$1.38 billion deficit, as imports dropped near the end of the Muslim fasting month, government data showed on Monday. South-east Asia’s largest economy posted a US$207.6 million surplus in May, the statistics bureau said. This followed a trade […]
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