KUALA LUMPUR, Aug 27 — The Housing and Local Government Ministry is still studying the vacancy tax and has not made any decision on the matter, Parliament was told today. In her reply during Minister’s Question Time today, Zuraida Kamaruddin told the Lower House that at the moment, the study is being conducted based on […]
Read MoreWhile local export products have been facing more anti-dumping investigations and tax evasion cases in foreign countries, Vietnamese enterprises are still unaware of the risk. On August 13, the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam (TRAV) sent a letter opposing Indonesia’s draft conclusions of an anti-dumping investigation on colour-coated steel sheet […]
Read MoreThe tourism industry is expected to witness more consolidation as the pandemic impact lasts until the third quarter next year, say operators, while Thailand needs to rebrand itself to tap into the quality market by targeting the health and wellness segment. “We will see a lot of consolidation, even if a vaccine is developed, leading […]
Read MoreMANILA, Philippines — The national government’s budget deficit widened further to P700.6 billion from January to July as coronavirus-related expenses boosted disbursements while revenues declined, according to the Bureau of the Treasury (BTr). Based on the latest cash operations report of the BTr, the budget figure soared by nearly 500 percent from the P117.9 billion […]
Read MoreSINGAPORE, Aug 27 — Three ministries and two government agencies yesterday responded to President Halimah Yacob’s opening speech for the new term of Parliament, mapping out how they intend to help Singapore weather the economic storm wrought by Covid-19 and pursue new sources of growth in this period. The Ministry of Trade and Industry (MTI), […]
Read MoreIndonesia’s recovery from the economic effects of the pandemic must focus on the sectors where the greatest number of workers have fallen into poverty, according to a researcher from the University of Indonesia’s Social and Economic Research Institute (LPEM UI). This would mean that agriculture would take priority in most of the provinces of Java […]
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