JAKARTA: Indonesian Finance Minister Sri Mulyani Indrawati says she is optimistic about the 5% economic growth target set for this year despite the darkening global outlook, especially from China. “We are optimistic for 2023 because we see the figures in the first half,” Indrawati said on Sunday in an interview with Bloomberg Television’s Haslinda Amin […]
Read MoreKUALA LUMPUR: The special treatment accorded by the Strategic Investor Pass (SIP) for investors to enter Malaysia on a multiple-entry basis is expected to gain a positive re-rating of Malaysia’s attractiveness to foreign investors. Sunway University professor of economics Prof Yeah Kim Leng said that through this facilitation, the SIP would enhance the investors’ positive […]
Read MoreThailand’s employment rate is expected to remain flat in the second half of this year as the global economy has turned sluggish, the country’s tourism industry has yet to fully recover, and local politics remain uncertain, says the Employers’ Confederation of Thai Trade and Industry (EconThai). In the first quarter of this year, the number […]
Read MoreA senior official of National Bank of Cambodia (NBC) yesterday made a clarification that Chinese people who visit the country will be able to make electronic payments in riel, “not yuan”, by scanning the KHQR code with the QR codes of UnionPay, WeChat and AliPay – which is most likely to come into effect by […]
Read MoreThe Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron Sangsnit. He said more than half of the fake VAT invoices were issued by scrap metal businesses to be used as evidence for […]
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