Indonesia’s plan to lower corporate tax rates to 20 per cent from 25 per cent is positive for earnings of most listed companies, say analysts from Maybank Kim Eng. The objective of lowering its corporate income taxes is to make Indonesia competitive with neighbouring countries, which the analysts believe will indeed help Indonesia improve its […]
Read MoreThe central bank’s move to curb the rising baht is just a warning shot and will have little impact on the currency’s value or on the bond and stock markets, analysts said. The Bank of Thailand (BOT) took the first step on Friday by reducing the amount of baht accounts held by foreign investors and […]
Read MoreVietnam aims to become the leading digital country and economy in the Asean region by 2030 and allow testing of new technologies in the digital economy. This is one of the proposals in a draft project on national digital transformation by Vietnam’s Authority of Information Technology Application (AITA) under its Ministry of Information and Communications. […]
Read MoreThe Bank of Thailand’s moves to counter hot-money inflows that have pushed the baht to a six-year high and the central bank’s vow to impose more measures if such speculative flows linger rattled the local currency and the stock market on Friday. The baht weakened to 30.91 per US dollar from 30.61 on Thursday after […]
Read MoreCambodia Tourism Minister Thong Khon is calling for more direct flights between Asean countries. For in depth analysis of Cambodian Business, visit Capital Cambodia The minister made the call during the opening of the 50th Asean National Tourism Organizations (NTOs) Meeting in Siem Reap. Cambodia hosted the annual event on July 10-12. In attendance were tourism […]
Read MoreThe Public Works and Housing Ministry will auction nine water reservoir projects this year that are among 65 reservoirs in the 2015 to 2019 National Medium-Term Development Plan (RPJMN). The ministry’s water resources director general, Hari Suprayogi, said in Jakarta over the weekend that the nine the irrigation projects were the last that would be […]
Read More
Thailand
