MANILA, Philippines — Global nonprofit Oxfam said that a wealth tax could fatten the Philippines’ tax haul as the growing number of millionaires exposed the realities of inequality in the country. Erika Geronimo, executive director of Oxfam Pilipinas, reckoned that the ranks of millionaires in the country have grown by 43.5% since 2012. The global […]
Read MorePrime Minister Hun Sen announced on Saturday last week that the Royal Government of Cambodia will take the burden of patent payment instead of small online media outlets and reduce 50 percent of license fees for the establishment of new media outlets which would lower the revenue of the Ministry of Information. Mr Hun Sen […]
Read MoreThe Indonesian government has announced that it expects the value of exports to grow by 12.8% in 2023, much lower than the growth of 29.8% in 2022, according to Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto. Jakarta (VNA) – The Indonesian government has announced that it expects the value of exports to grow by 12.8% […]
Read MoreTHE recovery of Singapore’s tourism sector has accelerated and is now expected to show next year, ahead of the earlier forecast mid-2020s, according to Minister of State for Culture, Community and Youth Alvin Tan. “The recovery of tourism is accelerating faster than we expect… now it is accelerating and we expect recovery next year, 2024,” […]
Read MoreKUALA LUMPUR (Jan 16): Cost-of-living, rapid or sustained inflation, and debt crises were identified as the top three global risks for Malaysia in the Executive Opinion Survey (EOS) report by the World Economic Forum (WEF). According to the report, cost of living is the top risk globally, with the greatest impact (severity) over a two-year […]
Read MoreThe value of investment by Vietnamese companies in Laos reached US$180 million in 2022, an increase of 52.5 percent, according to a VietnamPlus report. In the meantime, Lao companies are operating 10 investment projects worth over US$71 million in Vietnam. The figures were revealed during the two countries’ investment cooperation conference held in Vientiane last […]
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Thailand
