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 has employed machines to evaluate the financial position of operators relative to their industry peers, using data analytics and a risk-based auditing system to create […]
Read MoreThe Hanoitimes – A stronger focus on the quality of the foreign investment inflow is even more urgent when its links with and the spillover effects on domestic industry fall short of expectations. While Vietnam has been emerging as one of the most attractive destinations to foreign investors and is expected to see something of a […]
Read MoreThe country’s rapid urban transportation development is creating vast opportunities for collaboration and investments for the private sector. Indonesia’s steady economic growth in recent years has spurred rapid urbanization across the archipelago. According to the World Bank, the growth rate of cities in Indonesia is 4.1 per cent per year – faster than that in many Asian countries. […]
Read MoreWith slowing world growth and an unstable trade and political environment, interest rate cuts are not enough to bolster economic growth. In fact, over-reliance on rate cuts can be dangerous; the trend towards lower peak and trough rates in every rate cycle may lead to, among others, asset bubbles, debt pile-up and pension crises. The […]
Read More[BEIJING] China and Singapore have renewed a bilateral currency swap agreement worth 300 billion yuan (S$59.80 billion) for three years, the central banks of the two countries said on Monday. Under the arrangement, the People’s Bank of China and the Monetary Authority of Singapore (MAS) can access foreign currency liquidity to support trade and investment […]
Read MoreMANILA, Philippines — Amid a new rice regime, the Philippines is seen increasing its imports for the year to 2.8 million metric tons despite an expected improvement in local production of Filipinos’ main staple. The Philippines is seen sourcing some 2.8 million MT as additional imports are set following policy changes removing quantitative restrictions on […]
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Thailand
