MANILA, Philippines — The government is set to launch next month the fuel marking system, which is expected to help plug tax leakages caused by the smuggling of oil into the country, according to the Department of Finance (DOF). In an interview, Finance Undersecretary Antonette Tionko said the pilot implementation of the fuel marking scheme […]
Read MoreTourism Minister Arief Yahya has explained that Indonesia has identified Singapore as a tourism hub this year as it seeks to benefit from 7,200 flights a week from and through the island state. “I am saying that it is easier to fish in the neighbor’s pond that has already has a lot of fish. There […]
Read MoreKUALA LUMPUR: Private consumption growth was likely in “sharp correction” last quarter, with effects continuing in 1Q and 2Q this year, Fitch Solutions Macro Research says in report. Consumption will be supported by RM37bil one-time payment of tax refunds in 2019, tight labour market and low inflation. Fitch lowered real GDP growth forecast to 4.2% […]
Read MoreHANOI — Vietnam must become a factory for the world and foster a good investment environment for all economic sectors in order to develop production and boost growth. This statement was made by Prime Minister Nguyen Xuan Phuc at a meeting of the Ministry of Industry and Trade held in Hanoi on Thursday. PM Phuc said that after 30 years of […]
Read MoreThe government has devised an index to measure the productivity and competitiveness of domestic manufacturers as the world enters the fourth industrial revolution, popularly called Industry 4.0. The Indonesia Industry 4.0 Readiness Index (INDI 4.0) supports a government road map called Making Indonesia 4.0, which was launched by President Joko “Jokowi” Widodo in April last […]
Read MoreDespite increased competition from rental units in condominiums, the prospects for the single-ownership apartment market in the prime areas of Bangkok are still positive, according to property consultant CBRE. Most expatriates working in Bangkok rent rather than buy a property. The expatriate rental market is competitive because the number of expats working in Bangkok is not growing, […]
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Thailand
