The value of the rupiah against the US dollar rose in the first week of 2019 after depreciating heavily last year, with analysts projecting that the currency may continue to gain ground despite global uncertainty. Data from the Jakarta Interbank Spot Dollar Rate show the rupiah traded at 14,465 against the US dollar on Jan. […]
Read MoreMANILA, Philippines — Infrastructure spending likely reached 6.2 percent of gross domestic product in 2018, according to the Department of Budget and Management (DBM). In his weekly press briefing, Budget Secretary Benjamin Diokno said the share of the country’s infrastructure spending to GDP, on an obligation basis, may have reached 6.2 percent in 2018, slightly […]
Read MoreTHE retirement and re-employment model for older workers continues to be relevant – and the mandatory retirement age should remain at 62 years, according to employer, government and worker representatives on Wednesday. Their views were made at an Institute of Policy Studies’ (IPS) forum on older workers, where questions were raised on the retirement age […]
Read MoreHANOI — The Nghi Son Economic Zone in the central province of Thanh Hoa will be expanded to 106,000 ha, ten times larger than its initial planned size, in order to meet business demand and turn the area into a driving force for the socio-economic development of the province and the north-central region. The new master plan […]
Read MoreTwo fish processing plants — TT Cold Store Factory and A&N Foods (Myanmar) Co. Ltd — have been granted permits to export fish caught in the wild to the European Union, according to a report by state media. The Fisheries Department, under the Ministry of Agriculture, Livestock, and Irrigation, is working with the fish processors and […]
Read MoreThe General Department of Taxation is calling on small and medium-sized enterprise operating in a number of prioritised industries to apply for tax incentives created through a sub-decree last year. The nation’s tax body issued last month a notification on the implementation of Sub-decree No 124, which set up tax incentives for SMEs in selected […]
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Thailand
