President Joko “Jokowi” Widodo has officially issued a regulation that streamlines all business licensing toward the Investment Coordinating Board (BKPM) and grants the agency the authority to review policies deemed as unfavorable for investors. Presidential Instruction (Inpres) No. 7/2019 on the acceleration of ease of doing business (EODB) was signed on Nov. 22 and became […]
Read MoreThe Hanoitimes – Vietnam’s fintech firms secured two of the top three largest funding deals in ASEAN in 2019. Vietnam came second in terms of funding attraction in ASEAN this year, accounting for 36% of the total, significantly up from just 0.4% in 2018, according to a report on Fintech in ASEAN conducted by United Overseas […]
Read MoreCORPORATE debt in Singapore has built up amid loose financial conditions, with pockets of risks for corporates exposed to the trade-related sectors, and segments including construction and property, said the annual Financial Stability Review of the Monetary Authority of Singapore (MAS) released on Thursday. While corporate balance sheets are broadly resilient, businesses have also been […]
Read MoreThe recently approved Baan Dee Mee Down, a 50,000-baht cash rebate programme, is unlikely to help boost the country’s property market much because the impact will be limited and fleeting, says the Thailand Development Research Institute. Nonarit Bisonyabut, the TDRI’s senior research fellow, said only limited segments will benefit from the programme because of the […]
Read MoreThe US ranks just ahead of New Zealand as the top market in the world for women entrepreneurs, while Thailand moved up five places from last year to 14th in the latest annual survey by Mastercard. The Mastercard Index of Women Entrepreneurs 2019 identifies the markets where women entrepreneurs are most likely to thrive, while […]
Read MoreThe Taxation Directorate General will focus on expanding Indonesia’s tax base next year in order to meet a tough revenue target for 2020 amid an economic slowdown. The Finance Ministry’s director general of taxation, Suryo Utomo, said the tax authority would make on-the-grounds efforts to expand the country’s tax base while continuing to monitor existing […]
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Thailand
