The government is seeking to improve its tax arrears accounting system after the Supreme Audit Agency (BPK) discovered irregularities in the existing arrangement, Finance Minister Sri Mulyani Indrawati said on Wednesday. Addressing House Commission XI overseeing financial affairs, Sri Mulyani cited a BPK report on weaknesses in the internal monitoring system of the Tax Office […]
Read MoreMANILA, Philippines — Local farmers are claiming that traders and importers managed to corner P51.5 billion in windfall profits during the first year of the opening up of the rice industry to cheap imports. In its latest study, the Federation of Free Farmers said farmers suffered P40 billion in losses and consumers barely gained any […]
Read MoreThe Hanoitimes – Vietnam’s startup ecosystem is thriving thanks to the market size of its economy. Vietnam is the first beneficiary in Southeast Asia of a startup acceleration program to create business innovation in developing countries supported by the Japan International Cooperation Agency (JICA). The project Next INnovation with JApan (NINJA) is a startup support program […]
Read More[SINGAPORE] Singapore has long been the city of choice for Western expats wanting an easy entree into Asia. Clean, efficient, with low tax rates, it’s often seen as rivalling Hong Kong, especially with that city hit by street protests and unrest over China’s new national security law. Yet just when Singapore should be a magnet […]
Read MoreKUALA LUMPUR, Aug 27 — Malaysia’s exports are expected to moderately decline 3.5 per cent this year compared with a growth of 1.7 per cent (worth RM986.38 billion) in 2019, said the Malaysia External Trade Development Corporation (Matrade). Chief executive officer Datuk Wan Latiff Wan Musa said in the first six months of this year, […]
Read MoreNew business registrations fell again in July after rising 3% year-on-year in June, as the business sector remains worried about a second wave of the virus. The Business Development Department reported on Wednesday new business registrations totalled 5,667 in July, down 12% year-on-year from the same month last year, with combined registered capital worth 16.7 billion […]
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Thailand
