The Revenue Department is warning corporate taxpayers that it has already adopted data analytics and a risk-based auditing system that can better track the accuracy of tax payments. The tax-collecting agency is using high-tech software to evaluate the financial position of operators relative to their industry peers, using data analytics and a risk-based auditing system to […]
Read MoreSINGAPORE: Monetary Authority of Singapore has made timely, relevant and adequate disclosures of its regulatory findings and actions relating to the 1MDB investigations, the regulator says on its website. It said on MOnday that it has kept the public updated through media statements at key milestones and level of disclosure to-date has been extensive and […]
Read MoreKUALA LUMPUR: A year after Malaysia’s historic election, public euphoria surrounding the new government has evaporated. And investors are losing patience too. Global funds are bypassing the country in favor of other markets. Stocks recorded outflows in all but two of the past 12 months, the ringgit is trailing most of its peers and bonds […]
Read MoreMyanmar’s power sector will spearhead growth in the infrastructure industry and draw the bulk of foreign direct investments (FDI) over the next five years, Fitch Solutions Macro Research said in a report released April 23. With just 40 percent of all households enjoying access to electricity as at September 2017, which is amongst the lowest […]
Read MoreFINANCIAL technology (fintech) has taken the lead in Thailand’s digital transformation process, to be followed by e-commerce in the next five years, said Pete Chemsripong, general manager of ThoughtWorks (Thailand), a global tech-consulting firm. “Knowledge of how new technology can re-model businesses is still limited to websites and applications,” he said. In the past few […]
Read MoreWITH MAJOR infrastructure and logistics initiatives being pushed, on top of being home to seven million people, foreign investors should not hesitate to invest in Yangon, officials told the Yangon Investment Forum 2019 on Friday. Thaung Tun, chairman of the Myanmar Investment Commission and Union minister for investment and foreign economic relations, said Myanmar’s commercial […]
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Thailand
