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Thai E-Sports Firm Raises Funds to Expand in Southeast Asia, Laos

Bangkok-based startup Infofed has received JPY 5 million ($45,700) from Japanese gaming media company GameWith, with a plan to expand in several Southeast Asian countries, including Laos. Founded in 2015, Infofed provides a one-stop solution for game providers, consumer brands, and esports communities through its online and offline platforms. The company operates eArena, an online platform for professional […]

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indo01
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Indonesia plans sweeping tax reforms for ‘expatriate’ income, dividends, penalties

Finance Minister Sri Mulyani Indrawati on Thursday shared the government’s planned tax reforms, which includes relaxing income tax for Indonesian and foreign expatriates as well as eliminating dividend tax in addition to reduced corporate income tax and a new digital economy tax. Sri Mulyani said that the sweeping reforms, intended to boost investment and stoke growth in the the sluggish economy, would be part of the […]

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Malaysia: Fun-filled e-commerce boosts consumption

ON Nov 6, 2018, Chen Weijie, 30, an online celebrity based in Meizhou village, Guangdong province, South China, sold 160 million yuan’s (RM95mil) worth of products during an eight-hour live-streaming session on Kuaishou, a short video platform. The marathon online sale was almost non-stop, except for short breaks to drink water or answer calls of […]

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