SYDNEY: Most Asian currencies were tepid on Wednesday, with the Philippine peso falling most, as investors await the conclusion of the Federal Reserve’s (Fed) policy meeting for clarity on the future United States rate path. The Philippine peso was on track to snap its five-day gaining streak, falling 0.4%, while the Thai baht remained flat. Traders […]
Read MoreKUALA LUMPUR: The Ministry of International Trade and Industry (Miti) foresees vast potential for nudging and behavioural insights (BI) in increasing the ease of doing business in Malaysia. Minister Tengku Datuk Seri Zafrul Abdul Aziz, said BI could be utilised in reducing compliance costs and deploying the optimum level of resources on regulatory or procedural […]
Read MoreMANILA, Philippines — The research arm of the Moody’s Group has slashed its growth forecast for the Philippines to 5.7 percent this year, from an earlier estimate of 7.1 percent, on the back of stubborn and persistently high inflation. Steven Cochrane, chief economist for Asia-Pacific at Moody’s Analytics, said the Philippines had the largest downgrade […]
Read MoreThe General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has set new rules that allow taxable business owners to make payment and print patent tax certificates online in a bid to increase efficiency and develop its information technology to modernise tax systems, according to a statement released by GDT. The […]
Read MoreViệt Nam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment. HÀ NỘI — Việt Nam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment. The move comes amid concerns that this measure might undermine […]
Read MoreLao and Thai companies have signed a deal to facilitate the shipment of freight by rail between Thailand, Laos and China, creating an improved transport platform to boost regional trade. Under the tripartite Memorandum of Understanding (MOU) signed in Vientiane last week, the parties will work together to ease cargo shipment via the Laos-Thailand and […]
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