Micro, small and medium enterprises (MSMEs) can now obtain tax identification numbers (NPWP) through state-owned banks, as the Taxation Directorate General seeks to simplify procedures to boost the government’s disbursement of COVID-19 aid. Tax Office chief Suryo Utomo said that some MSMEs did not yet possess NPWPs, which, before the change in policy, would have […]
Read MoreSINGAPORE – Defying Covid-19 circuit breaker measures and a recession, private home prices in Singapore edged up 0.3 per cent in the second quarter from the previous three months, according to final data from the Urban Redevelopment Authority (URA) on Friday (July 24). The 0.3 per cent gain in the second quarter of 2020 bucked […]
Read MoreKUALA LUMPUR: With regional competition becoming more intense, Malaysia aims to step up and draw closer to maintaining its position as the most competitive economy in the Asean region after Singapore. Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed acknowledged that the country has “a lot of catching up” to do with […]
Read MoreMANILA, Philippines — The Department of Budget and Management (DBM) has revised upward the proposed budget for 2021 to provide the government more funds to address the socioeconomic impact of the COVID-19 pandemic. In a text message, Budget Assistant Secretary Rolando Toledo said the proposed 2021 budget is raised to P4.506 trillion, 9.9 percent higher […]
Read MoreRubber producers reported poor second-quarter business results due to decreasing rubber prices, eyeing industrial zone development. Since the beginning of this year to mid-April, natural rubber prices have dropped sharply, then maintained at low price areas so far. In the second quarter of 2020, the price of world natural rubber on the Tokyo Commodities Exchange […]
Read MoreThe price index for condos in Greater Bangkok in the second quarter plunged for a second consecutive quarter as developers competed by offering massive discounts, says the Real Estate Information Center (REIC). Vichai Viratkapan, the centre’s acting director-general, said developers cut sales prices of condos to attract buyers, with purchasing power weakened by the outbreak. […]
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