A possible 10% capital gains tax on investment gains in cryptocurrencies will seek cabinet approval today, says a source at the Finance Ministry. The Revenue Department will propose the cabinet amend the Revenue Code to pave the way for the tax-collecting agency to impose the 10% capital gains tax from investment gains in digital currencies, the […]
Read MoreMANILA, Philippines — Creating jobs that pay proper wages to young people aged 15 to 24 is needed to significantly reduce unemployment and income inequality in the country, the Asian Development Bank (ADB) said. The Manila-based multilateral development institution said despite the sustained economic growth in the country, young people still struggle to find jobs […]
Read MoreBY beating London and New York, Singapore has emerged top in a global smart city performance ranking in 2017, according to a study by market researcher Juniper Research. The Global Smart City Performance Index – sponsored by global technology player Intel – ranks the top 20 global smart cities in terms of the integration of […]
Read MoreThe Hanoitimes – Tuan Chau Group has proposed building a large resort complex named “Vung Tau Marina City” in Vung Tau, according to the Ba Ria-Vung Tau People`s Committee. Tuan Chau Group confirmed that the group is preparing to invest in Vung Tau Marina City, but has denied to provide specific information on this project. “Currently, […]
Read MoreNow that the Central Bank of Myanmar (CBM) has allowed a total of seven foreign banks to provide trade financing services in Myanmar, traders are anticipating much better business in the months ahead. Last December, the CBM permitted 13 foreign banks to apply for approval to offer trade financing services in the country. Since then, […]
Read MoreJAKARTA: Indonesia’s financial regulator said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults. The emergence of these peer-to-peer (P2P) lending platforms, offering loans ranging from as little as a few hundred dollars to several thousands, […]
Read More
Thailand
