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Thailand: Property tax cut beefs up supply

An extension of the property tax cut on transfer and mortgage fees this year, which includes second-hand homes, increased the housing supply offered in the market in the second quarter. Vichai Virakapan, acting director-general of the Real Estate Information Center (REIC), said the number of second-hand homes nationwide offered for sale in the second quarter of […]

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Cambodia: Survey finds VAT issues as major concern

The Majority of participants in a survey conducted by the European Chamber of Commerce in Cambodia (EuroCham) have reported that they experienced issues with regard to Value Added Tax (VAT) that included non-issuance of refunds. The survey results were released by EuroCham at the Tax Forum it organized with the support of the Association of […]

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Thailand: Manufacturing to thrive despite threats

Thailand’s manufacturing sector is expected to keep growing next year following the easing of Covid-19 infections, but economic challenges caused by high inflation and the impact of the Russia-Ukraine war could cause a bumpy ride, according to analysts. Higher demand for industrial products overseas is expected to drive growth in various industries, including automobiles and auto […]

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Singapore’s financial sector has a road map for success

AS companies around the world strive to navigate volatile macroeconomic and geopolitical conditions, Singapore’s financial sector finds itself in an advantageous situation. Many of its firms have already started investing in digitisation, efficiency and productivity to better prepare for unforeseen crises. Not only has this strengthened the ability of Singapore’s financial industry to serve the local […]

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