[SINGAPORE] Singapore wants to position itself as a hub for business mediation to help resolve commercial conflicts, at a time when tensions between the US and China could affect investments and trade flows. The city-state is looking to build on its reputation as a top arbitration destination in Asia as it prepares to sign the […]
Read MoreJAKARTA: Indonesia on Tuesday rolled out corporate tax breaks for labour-intensive industries and R&D investments in a bid to create jobs in Southeast Asia’s biggest economy. They are part of a series of tax measures aimed at boosting investment and accelerating economic growth amid signs that the government’s 2019 growth target of 5.3% may be […]
Read MoreOn July 6, the United Nations Educational, Scientific and Cultural Organization (UNESCO) designated Bagan as a World Heritage Site, marking Myanmar’s second entry to the list after World Heritage Status was granted to the ancient Pyu cities of Sri Ksetra, Halin and Beikthano in 2014. The ancient city has more than 3500 surviving stupas, temples, […]
Read MoreVietnamese businesses are further participating in the global value chain and reaching out to the world market. According to experts, state-owned enterprises used to invest mainly in neighbouring markets such as Laos and Cambodia, but things have changed now. Many investments now are made by private enterprises and span many fields from technology and agriculture […]
Read MoreFinance Minister Sri Mulyani Indrawati on Monday announced the establishment of two directorates under the ministry’s Taxation Directorate General in trying to boost revenue from the digital economy. “We have learned from a number of countries. Therefore, we decided to establish a team dedicated to develop the information system,” she said after launching the operations […]
Read MoreBANGKOK: Thailand is set to increase minimum wages for a second straight year as it looks to attract workers amid an aging population and shortage of labor in key industries. A subcommittee to decide on the extent of increase will meet in the next one to two months to assess the revision based on the […]
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